# PPP loan: SQB USA INC
> **$171K** approved 04/27/2020 · Paid in Full · Loan `4975527202`
## Borrower
- **Name:** SQB USA INC
- **Address:** 11471 SOUTH ST, CERRITOS, CA, 90703-6600
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $171K
- **Initial approval:** $171K
- **Forgiven:** $167K (98%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $135K
- **Rent:** $22K
- **Utilities:** $14K
- **Jobs reported:** 24
## Lender
- **Originating:** New Omni Bank, National Association
- **Servicing:** New Omni Bank, National Association (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*