# PPP loan: GRUENDL INCORPORATED
> **$1.29M** approved 04/30/2020 · Paid in Full · Loan `5160307308`
## Borrower
- **Name:** GRUENDL INCORPORATED
- **Address:** 411 Pendleton Way Suite B, Oakland, CA, 94621
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.29M
- **Initial approval:** $1.29M
- **Forgiven:** $1.30M (101%)
- **Forgiveness date:** 04/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.29M
- **Jobs reported:** 69
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*