# PPP loan: SORENSON ENGINEERING, INC.
> **$3.72M** approved 04/13/2020 · Paid in Full · Loan `4569927100`
## Borrower
- **Name:** SORENSON ENGINEERING, INC.
- **Address:** 32032 DUNLAP BLVD, YUCAIPA, CA, 92399-1706
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.72M
- **Initial approval:** $3.72M
- **Forgiven:** $3.76M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.05M
- **Rent:** $84K
- **Mortgage interest:** $25K
- **Utilities:** $186K
- **Health care:** $249K
- **Debt interest:** $126K
- **Jobs reported:** 404
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*