# PPP loan: SAN DIEGO PRECISION MACHINING, INC.
> **$700K** approved 04/04/2020 · Paid in Full · Loan `4812557010`
## Borrower
- **Name:** SAN DIEGO PRECISION MACHINING, INC.
- **Address:** 9375 RUFFIN CT, SAN DIEGO, CA, 92123-5304
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $700K
- **Initial approval:** $700K
- **Forgiven:** $707K (101%)
- **Forgiveness date:** 04/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $525K
- **Utilities:** $175K
- **Jobs reported:** 39
## Lender
- **Originating:** California Bank of Commerce, NA
- **Servicing:** California Bank of Commerce, NA (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*