# PPP loan: CBC TECHNICAL, INCORPORATED
> **$348K** approved 05/01/2020 · Paid in Full · Loan `2695617702`
## Borrower
- **Name:** CBC TECHNICAL, INCORPORATED
- **Address:** 27470 AQUA VISTA WAY, TEMECULA, CA, 92590
- **NAICS:** 423990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $348K
- **Initial approval:** $348K
- **Forgiven:** $353K (101%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $240K
- **Rent:** $36K
- **Utilities:** $5K
- **Health care:** $67K
- **Jobs reported:** 16
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*