# PPP loan: AMERICAN MULTIFAMILY INC.
> **$150K** approved 01/25/2021 · Paid in Full · Loan `5159488304`
## Borrower
- **Name:** AMERICAN MULTIFAMILY INC.
- **Address:** 12610 Westminster Ave Ste A, Santa Ana, CA, 92706-2156
- **NAICS:** 236210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (101%)
- **Forgiveness date:** 08/11/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $150K
- **Utilities:** $1
- **Jobs reported:** 9
## Lender
- **Originating:** Centerstone SBA Lending, Inc.
- **Servicing:** Centerstone SBA Lending, Inc. (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*