# PPP loan: L.J. KRUSE CO.
> **$1.70M** approved 04/28/2020 · Paid in Full · Loan `6720677209`
## Borrower
- **Name:** L.J. KRUSE CO.
- **Address:** 920 Pardee Street, BERKELEY, CA, 94710
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.70M
- **Initial approval:** $1.70M
- **Forgiven:** $1.72M (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.70M
- **Jobs reported:** 60
## Lender
- **Originating:** Mechanics Bank
- **Servicing:** Mechanics Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*