# PPP loan: STRANDBERG ENGINEERING
> **$523K** approved 04/16/2020 · Paid in Full · Loan `2695737202`
## Borrower
- **Name:** STRANDBERG ENGINEERING
- **Address:** 1511 15TH ST, SAN FRANCISCO, CA, 94103
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $523K
- **Initial approval:** $523K
- **Forgiven:** $528K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $488K
- **Rent:** $19K
- **Utilities:** $1K
- **Health care:** $15K
- **Jobs reported:** 21
## 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*