# PPP loan: TRUE FUNCTION LABORATORY, INC.
> **$191K** approved 04/29/2020 · Paid in Full · Loan `3962407306`
## Borrower
- **Name:** TRUE FUNCTION LABORATORY, INC.
- **Address:** 7851 UNIVERSITY AVE, # 103, LA MESA, CA, 91942-0452
- **NAICS:** 339114
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $191K
- **Initial approval:** $191K
- **Forgiven:** $193K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $155K
- **Rent:** $20K
- **Utilities:** $6K
- **Health care:** $8K
- **Debt interest:** $2K
- **Jobs reported:** 21
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*