# PPP loan: CLASSIC INDUSTRIES CORPORATION
> **$1.38M** approved 04/12/2020 · Paid in Full · Loan `4050127100`
## Borrower
- **Name:** CLASSIC INDUSTRIES CORPORATION
- **Address:** 18460 Gothard Street, HUNTINGTON BEACH, CA, 92648-1229
- **NAICS:** 441310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.38M
- **Initial approval:** $1.38M
- **Forgiven:** $1.39M (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.38M
- **Jobs reported:** 134
## Lender
- **Originating:** Farmers & Merchants Bank of Long Beach
- **Servicing:** Farmers & Merchants Bank of Long Beach (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*