# PPP loan: REBAR ENGINEERING, INC.
> **$2.55M** approved 04/14/2020 · Paid in Full · Loan `6032717106`
## Borrower
- **Name:** REBAR ENGINEERING, INC.
- **Address:** 10706 PAINTER AVE, SANTA FE SPRINGS, CA, 90670-4525
- **NAICS:** 238120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.55M
- **Initial approval:** $2.55M
- **Forgiven:** $2.57M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.17M
- **Rent:** $44K
- **Utilities:** $12K
- **Health care:** $319K
- **Jobs reported:** 118
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*