# PPP loan: CRUZ MODULAR INC.
> **$258K** approved 04/11/2020 · Paid in Full · Loan `3140227105`
## Borrower
- **Name:** CRUZ MODULAR INC.
- **Address:** 249 W. Baywood Suite B, ORANGE, CA, 92865-2604
- **NAICS:** 442110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $258K
- **Initial approval:** $258K
- **Forgiven:** $260K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $193K
- **Rent:** $12K
- **Debt interest:** $52K
- **Jobs reported:** 31
## Lender
- **Originating:** First Pacific Bank
- **Servicing:** First Pacific Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*