# PPP loan: TOVEY/SHULTZ CONSTRUCTION, INC.
> **$697K** approved 02/22/2021 · Paid in Full · Loan `3080128506`
## Borrower
- **Name:** TOVEY/SHULTZ CONSTRUCTION, INC.
- **Address:** 18261 Collier Ave Ste A, Lake Elsinore, CA, 92530-2796
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $697K
- **Initial approval:** $697K
- **Forgiven:** $704K (101%)
- **Forgiveness date:** 02/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $697K
- **Utilities:** $1
- **Jobs reported:** 38
## Lender
- **Originating:** CalPrivate Bank
- **Servicing:** CalPrivate Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*