# PPP loan: CAL-AM PROPERTIES, INC.
> **$2.94M** approved 04/07/2020 · Paid in Full · Loan `7226337004`
## Borrower
- **Name:** CAL-AM PROPERTIES, INC.
- **Address:** 385 CLINTON ST, COSTA MESA, CA, 92626-6011
- **NAICS:** 531110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.94M
- **Initial approval:** $2.94M
- **Forgiven:** $2.97M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.85M
- **Rent:** $87K
- **Jobs reported:** 289
## 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*