# PPP loan: FAAB VENTURES INC
> **$184K** approved 04/11/2020 · Paid in Full · Loan `3583257102`
## Borrower
- **Name:** FAAB VENTURES INC
- **Address:** 1141 Soquel Ave, SANTA CRUZ, CA, 95062-2105
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $184K
- **Initial approval:** $184K
- **Forgiven:** $186K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $138K
- **Rent:** $23K
- **Utilities:** $23K
- **Jobs reported:** 28
## Lender
- **Originating:** Santa Cruz County Bank
- **Servicing:** Santa Cruz County Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*