# PPP loan: AMATO INDUSTRIES INCORPORATED
> **$1.08M** approved 04/27/2020 · Exemption 4 · Loan `4117367206`
## Borrower
- **Name:** AMATO INDUSTRIES INCORPORATED
- **Address:** 1550 Gilbreth Road, Burlingame, CA, 94010-1605
- **NAICS:** 485320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.08M
- **Initial approval:** $1.08M
- **Forgiven:** $1.04M (97%)
- **Forgiveness date:** 06/30/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.08M
- **Jobs reported:** 89
## Lender
- **Originating:** Community Bank of the Bay
- **Servicing:** Community Bank of the Bay (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*