# PPP loan: CRANMER ENGINEERING, INC.
> **$162K** approved 04/14/2020 · Paid in Full · Loan `6728837105`
## Borrower
- **Name:** CRANMER ENGINEERING, INC.
- **Address:** 1188 East Main St, GRASS VALLEY, CA, 95945
- **NAICS:** 541380
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $163K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $148K
- **Rent:** $8K
- **Utilities:** $6K
- **Jobs reported:** 18
## Lender
- **Originating:** River Valley Community Bank
- **Servicing:** River Valley Community Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*