# PPP loan: BLAINE LABORATORIES, INC.
> **$425K** approved 04/14/2020 · Paid in Full · Loan `6383497103`
## Borrower
- **Name:** BLAINE LABORATORIES, INC.
- **Address:** 11037 LOCKPORT PL, SANTA FE SPRINGS, CA, 90670-4634
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $425K
- **Initial approval:** $425K
- **Forgiven:** $430K (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $320K
- **Rent:** $42K
- **Mortgage interest:** $42K
- **Utilities:** $21K
- **Jobs reported:** 34
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*