# PPP loan: SONSRAY MACHINERY LLC
> **$3.13M** approved 04/27/2020 · Paid in Full · Loan `5585087200`
## Borrower
- **Name:** SONSRAY MACHINERY LLC
- **Address:** 23935 MADISON ST, TORRANCE, CA, 90505-6010
- **NAICS:** 423830
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.13M
- **Initial approval:** $3.13M
- **Forgiven:** $3.16M (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.46M
- **Rent:** $300K
- **Utilities:** $50K
- **Health care:** $320K
- **Jobs reported:** 170
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*