# PPP loan: SPOSETO ENGINEERING INC.
> **$151K** approved 03/18/2021 · Paid in Full · Loan `4362258600`
## Borrower
- **Name:** SPOSETO ENGINEERING INC.
- **Address:** 4558 Contractors Pl, Livermore, CA, 94551-4805
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $151K
- **Initial approval:** $151K
- **Forgiven:** $152K (100%)
- **Forgiveness date:** 09/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $151K
- **Utilities:** $1
- **Jobs reported:** 9
## Lender
- **Originating:** California Bank of Commerce, NA
- **Servicing:** California Bank of Commerce, NA (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*