# PPP loan: CALIDI BIOTHERAPEUTICS, INC.
> **$291K** approved 04/07/2020 · Paid in Full · Loan `7238027002`
## Borrower
- **Name:** CALIDI BIOTHERAPEUTICS, INC.
- **Address:** 10210 CAMPUS POINT DR STE 490, SAN DIEGO, CA, 92121-1522
- **NAICS:** 541714
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $291K
- **Initial approval:** $291K
- **Forgiven:** $294K (101%)
- **Forgiveness date:** 05/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $199K
- **Rent:** $36K
- **Health care:** $56K
- **Jobs reported:** 15
## 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*