# PPP loan: BURS INC
> **$224K** approved 04/06/2020 · Paid in Full · Loan `5878587005`
## Borrower
- **Name:** BURS INC
- **Address:** 6151 Steilacoom Blvd SW, LAKEWOOD, WA, 98499-2666
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $224K
- **Initial approval:** $224K
- **Forgiven:** $215K (96%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $179K
- **Rent:** $21K
- **Utilities:** $24K
- **Jobs reported:** 35
## Lender
- **Originating:** America's Credit Union, A FCU
- **Servicing:** America's Credit Union, A FCU (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*