# PPP loan: MANAGED RESOURCES INC
> **$1.39M** approved 04/11/2020 · Paid in Full · Loan `2902047102`
## Borrower
- **Name:** MANAGED RESOURCES INC
- **Address:** 11 Golden Shore, Long Beach, CA, 90802-4202
- **NAICS:** 561311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.39M
- **Initial approval:** $1.39M
- **Forgiven:** $1.41M (101%)
- **Forgiveness date:** 05/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.39M
- **Jobs reported:** 93
## Lender
- **Originating:** US Bank National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*