# PPP loan: PBY DEVELOPMENT INC.
> **$625K** approved 04/03/2020 · Paid in Full · Loan `4469147007`
## Borrower
- **Name:** PBY DEVELOPMENT INC.
- **Address:** 14450 CULVER DR., Unit C, IRVINE, CA, 92604-0300
- **NAICS:** 445291
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $625K
- **Initial approval:** $625K
- **Forgiven:** $631K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $469K
- **Rent:** $125K
- **Utilities:** $31K
- **Jobs reported:** 128
## Lender
- **Originating:** US Metro Bank
- **Servicing:** US Metro Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*