# PPP loan: SEA POINTE CONSTRUCTION AND DEVELOPMENT, INC.
> **$631K** approved 04/13/2020 · Paid in Full · Loan `5548667100`
## Borrower
- **Name:** SEA POINTE CONSTRUCTION AND DEVELOPMENT, INC.
- **Address:** 576 Wald St, Irvine, CA, 92618
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $631K
- **Initial approval:** $1.08M
- **Forgiven:** $636K (101%)
- **Forgiveness date:** 02/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $631K
- **Jobs reported:** 43
## Lender
- **Originating:** Farmers & Merchants Bank of Long Beach
- **Servicing:** Farmers & Merchants Bank of Long Beach (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*