# PPP loan: TOURMALINE PROPERTIES INC
> **$195K** approved 04/05/2020 · Paid in Full · Loan `5499577002`
## Borrower
- **Name:** TOURMALINE PROPERTIES INC
- **Address:** 1010 TURQUOISE ST Suite 101, SAN DIEGO, CA, 92109-1200
- **NAICS:** 236117
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $195K
- **Initial approval:** $195K
- **Forgiven:** $196K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $147K
- **Rent:** $6K
- **Mortgage interest:** $18K
- **Debt interest:** $25K
- **Jobs reported:** 18
## Lender
- **Originating:** CalPrivate Bank
- **Servicing:** CalPrivate Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*