# PPP loan: CAL MICROTURBINE INC.
> **$276K** approved 02/06/2021 · Paid in Full · Loan `4647948403`
## Borrower
- **Name:** CAL MICROTURBINE INC.
- **Address:** 2573 Pacific Coast Hwy # 146A, Torrance, CA, 90505-7949
- **NAICS:** 423830
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $276K
- **Initial approval:** $276K
- **Forgiven:** $279K (101%)
- **Forgiveness date:** 02/08/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $276K
- **Jobs reported:** 15
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*