# PPP loan: SOUTH COAST FUNDING GROUP, INC.
> **$687K** approved 04/07/2020 · Paid in Full · Loan `6495877006`
## Borrower
- **Name:** SOUTH COAST FUNDING GROUP, INC.
- **Address:** 165 AERO CAMINO, GOLETA, CA, 93117-3101
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $687K
- **Initial approval:** $687K
- **Forgiven:** $693K (101%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $622K
- **Rent:** $41K
- **Utilities:** $11K
- **Health care:** $14K
- **Jobs reported:** 52
## 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*