# PPP loan: FIRST BUSINESS MACHINES, INC.
> **$253K** approved 04/30/2020 · Paid in Full · Loan `6145887303`
## Borrower
- **Name:** FIRST BUSINESS MACHINES, INC.
- **Address:** 13203 E Rosecrans Ave., SANTA FE SPRINGS, CA, 90670
- **NAICS:** 532420
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $253K
- **Initial approval:** $253K
- **Forgiven:** $256K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $253K
- **Jobs reported:** 26
## Lender
- **Originating:** Woori America Bank
- **Servicing:** Woori America Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*