# PPP loan: SANDRO CORP
> **$350K** approved 05/11/2020 · Paid in Full · Loan `5031517403`
## Borrower
- **Name:** SANDRO CORP
- **Address:** 2100 Laurel Canyon Boulevard, Los Angeles, CA, 90046
- **NAICS:** 721199
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $350K
- **Initial approval:** $350K
- **Forgiven:** $355K (101%)
- **Forgiveness date:** 09/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $263K
- **Rent:** $44K
- **Utilities:** $44K
- **Jobs reported:** 42
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*