# PPP loan: BEVERLY FABRICS, INC.
> **$187K** approved 04/29/2020 · Paid in Full · Loan `2967447301`
## Borrower
- **Name:** BEVERLY FABRICS, INC.
- **Address:** 9019 Soquel Drive, Aptos, CA, 95003-4059
- **NAICS:** 451130
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $187K
- **Initial approval:** $187K
- **Forgiven:** $188K (101%)
- **Forgiveness date:** 02/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $149K
- **Mortgage interest:** $37K
- **Jobs reported:** 10
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*