# PPP loan: KRETSCHMAR & SMITH, INC.
> **$899K** approved 04/28/2020 · Paid in Full · Loan `6972267200`
## Borrower
- **Name:** KRETSCHMAR & SMITH, INC.
- **Address:** 6293 PEDLEY RD, JURUPA VALLEY, CA, 92509-6002
- **NAICS:** 238140
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $899K
- **Initial approval:** $899K
- **Forgiven:** $908K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $782K
- **Rent:** $7K
- **Utilities:** $4K
- **Health care:** $107K
- **Jobs reported:** 89
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*