# PPP loan: KURZ INSTRUMENTS
> **$648K** approved 04/11/2020 · Paid in Full · Loan `3669107104`
## Borrower
- **Name:** KURZ INSTRUMENTS
- **Address:** 2411 Garden Rd, MONTEREY, CA, 93940-5318
- **NAICS:** 334512
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $648K
- **Initial approval:** $648K
- **Forgiven:** $652K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $486K
- **Rent:** $81K
- **Utilities:** $81K
- **Jobs reported:** 42
## Lender
- **Originating:** Santa Cruz County Bank
- **Servicing:** Santa Cruz County Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*