# PPP loan: PETE'S ROAD SERVICE, INC.
> **$2.22M** approved 04/07/2020 · Paid in Full · Loan `6980007007`
## Borrower
- **Name:** PETE'S ROAD SERVICE, INC.
- **Address:** 2230 E. ORANGETHORPE AVE, FULLERTON, CA, 92831-5329
- **NAICS:** 423130
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.22M
- **Initial approval:** $2.22M
- **Forgiven:** $2.25M (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.70M
- **Rent:** $500K
- **Utilities:** $23K
- **Jobs reported:** 150
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*