# PPP loan: KRAUSE A.C.T.
> **$548K** approved 03/20/2021 · Paid in Full · Loan `5332008610`
## Borrower
- **Name:** KRAUSE A.C.T.
- **Address:** 411 Rowland Ave, Santa Ana, CA, 92707-3445
- **NAICS:** 423730
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $548K
- **Initial approval:** $548K
- **Forgiven:** $552K (101%)
- **Forgiveness date:** 01/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $548K
- **Utilities:** $1
- **Jobs reported:** 45
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*