# PPP loan: SOUTH COAST ENGINEERING GROUP, INC.
> **$382K** approved 04/29/2020 · Paid in Full · Loan `4431227306`
## Borrower
- **Name:** SOUTH COAST ENGINEERING GROUP, INC.
- **Address:** 5000 N. Parkway Calabasas, Suite 307, Calabasas, CA, 91302
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $382K
- **Initial approval:** $382K
- **Forgiven:** $386K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $306K
- **Rent:** $38K
- **Utilities:** $38K
- **Jobs reported:** 21
## Lender
- **Originating:** Clearpath Federal Credit Union
- **Servicing:** Clearpath Federal Credit Union (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*