# PPP loan: RENEWAGE ENERGY SOLUTIONS
> **$161K** approved 04/05/2020 · Paid in Full · Loan `5393687002`
## Borrower
- **Name:** RENEWAGE ENERGY SOLUTIONS
- **Address:** 141 NEVADA ST, EL SEGUNDO, CA, 90245-4209
- **NAICS:** 561499
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $161K
- **Initial approval:** $161K
- **Forgiven:** $163K (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $121K
- **Rent:** $32K
- **Utilities:** $8K
- **Jobs reported:** 30
## Lender
- **Originating:** US Metro Bank
- **Servicing:** US Metro Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*