# PPP loan: 4290 EL CAMINO PROPERTIES LP
> **$1.62M** approved 02/04/2021 · Exemption 4 · Loan `3341048407`
## Borrower
- **Name:** 4290 EL CAMINO PROPERTIES LP
- **Address:** 4290 El Camino Real, Palo Alto, CA, 94306-4404
- **NAICS:** 721110
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.62M
- **Initial approval:** $1.62M
- **Forgiven:** $1.58M (97%)
- **Forgiveness date:** 07/07/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.62M
- **Utilities:** $1
- **Jobs reported:** 130
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*