# PPP loan: COMMERCE HOME MORTGAGE, LLC
> **$7.95M** approved 04/03/2020 · Paid in Full · Loan `4552377007`
## Borrower
- **Name:** COMMERCE HOME MORTGAGE, LLC
- **Address:** 16845 VON KARMAN AVE, IRVINE, CA, 92606-4920
- **NAICS:** 522292
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $7.95M
- **Initial approval:** $7.95M
- **Forgiven:** $8.04M (101%)
- **Forgiveness date:** 07/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $7.95M
- **Jobs reported:** 250
## Lender
- **Originating:** Cornerstone Community Bank
- **Servicing:** Cornerstone Community Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*