# PPP loan: AMERICAN CERAMIC TECHNOLOGY
> **$297K** approved 04/14/2020 · Paid in Full · Loan `7193177105`
## Borrower
- **Name:** AMERICAN CERAMIC TECHNOLOGY
- **Address:** 988 SOUTH ANDREASEN DR, ESCONDIDO, CA, 92029-1960
- **NAICS:** 334517
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $297K
- **Initial approval:** $297K
- **Forgiven:** $300K (101%)
- **Forgiveness date:** 07/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $297K
- **Jobs reported:** 29
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*