# PPP loan: COUTO CORP
> **$332K** approved 04/06/2020 · Paid in Full · Loan `6180707007`
## Borrower
- **Name:** COUTO CORP
- **Address:** 1 Grand Ave, Cal Poly Tech Park, Bldg 83, Ste 2B, SAN LUIS OBISPO, CA, 93407-9000
- **NAICS:** 999990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $332K
- **Initial approval:** $332K
- **Forgiven:** $335K (101%)
- **Forgiveness date:** 03/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $266K
- **Rent:** $27K
- **Utilities:** $4K
- **Health care:** $32K
- **Debt interest:** $3K
- **Jobs reported:** 19
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*