# PPP loan: VERDUGO TOOL AND ENGINEERING CO INC
> **$211K** approved 04/30/2020 · Paid in Full · Loan `5252337303`
## Borrower
- **Name:** VERDUGO TOOL AND ENGINEERING CO INC
- **Address:** 20600 Superior Street, Los Angeles, CA, 91311--
- **NAICS:** 561990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $211K
- **Initial approval:** $211K
- **Forgiven:** $213K (101%)
- **Forgiveness date:** 05/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $211K
- **Jobs reported:** 19
## 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*