# PPP loan: LARES RESEARCH
> **$394K** approved 04/05/2020 · Paid in Full · Loan `5450747004`
## Borrower
- **Name:** LARES RESEARCH
- **Address:** 295 LOCKHEED AVE, CHICO, CA, 95973-9026
- **NAICS:** 621210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $394K
- **Initial approval:** $394K
- **Forgiven:** $397K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $394K
- **Jobs reported:** 32
## Lender
- **Originating:** Tri Counties Bank
- **Servicing:** Tri Counties Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*