# PPP loan: KARL NEEDHAM ENTERPRISES, INC.
> **$160K** approved 04/13/2020 · Paid in Full · Loan `4899177103`
## Borrower
- **Name:** KARL NEEDHAM ENTERPRISES, INC.
- **Address:** 4901 MARIPOSA RD, STOCKTON, CA, 95215-8137
- **NAICS:** 236117
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Jobs reported:** 10
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*