# PPP loan: SILVER STRAND INC
> **$800K** approved 04/30/2020 · Paid in Full · Loan `5717477300`
## Borrower
- **Name:** SILVER STRAND INC
- **Address:** 8945 Fullbright Ave, Chatsworth, CA, 91311
- **NAICS:** 238350
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $800K
- **Initial approval:** $800K
- **Forgiven:** $815K (102%)
- **Forgiveness date:** 03/10/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $800K
- **Jobs reported:** 72
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*