# PPP loan: MATES INC
> **$250K** approved 04/28/2020 · Paid in Full · Loan `6958337201`
## Borrower
- **Name:** MATES INC
- **Address:** 5412 Cleon Avenue, Los Angeles, CA, 91601-2833
- **NAICS:** 711219
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $247K (99%)
- **Forgiveness date:** 06/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $100K
- **Rent:** $120K
- **Utilities:** $30K
- **Jobs reported:** 45
## Lender
- **Originating:** Transportation Alliance Bank, Inc. d/b/a TAB Bank
- **Servicing:** Transportation Alliance Bank, Inc. d/b/a TAB Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*