# PPP loan: REMODEL USA
> **$357K** approved 04/28/2020 · Exemption 4 · Loan `6851857204`
## Borrower
- **Name:** REMODEL USA
- **Address:** 2291 W 205TH ST STE 106, TORRANCE, CA, 90501-1451
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $357K
- **Initial approval:** $357K
- **Forgiven:** $325K (91%)
- **Forgiveness date:** 08/20/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $318K
- **Rent:** $11K
- **Utilities:** $5K
- **Health care:** $23K
- **Jobs reported:** 25
## 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*