# PPP loan: CPS SOUTHWEST, INC.
> **$900K** approved 04/05/2020 · Paid in Full · Loan `5118467001`
## Borrower
- **Name:** CPS SOUTHWEST, INC.
- **Address:** 1610 MIRALOMA AVE, PLACENTIA, CA, 92870-6622
- **NAICS:** 238320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $900K
- **Initial approval:** $900K
- **Forgiven:** $905K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $900K
- **Jobs reported:** 68
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*