# PPP loan: PRIVATE ASSET MANAGEMENT, INC
> **$455K** approved 04/14/2020 · Paid in Full · Loan `6957427104`
## Borrower
- **Name:** PRIVATE ASSET MANAGEMENT, INC
- **Address:** 5348 Carroll Canyon Rd Ste 200, San Diego, CA, 92121
- **NAICS:** 523920
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $455K
- **Initial approval:** $455K
- **Forgiven:** $460K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $455K
- **Jobs reported:** 23
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*