# PPP loan: CARAN PRECISION ENGINEERING & MANUFACTURING CORP.
> **$1.52M** approved 04/11/2020 · Paid in Full · Loan `3215047105`
## Borrower
- **Name:** CARAN PRECISION ENGINEERING & MANUFACTURING CORP.
- **Address:** 2830 Orbiter street, Brea, CA, 92821-6224
- **NAICS:** 336370
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.52M
- **Initial approval:** $1.52M
- **Forgiven:** $1.53M (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.52M
- **Jobs reported:** 102
## 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*