# PPP loan: COMMERCIAL AND INDUSTRIAL DESI
> **$197K** approved 04/14/2020 · Paid in Full · Loan `7346957105`
## Borrower
- **Name:** COMMERCIAL AND INDUSTRIAL DESI
- **Address:** 20372 N. SEA CIR, LAKE FOREST, CA, 92630-8806
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $197K
- **Initial approval:** $228K
- **Forgiven:** $199K (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $177K
- **Rent:** $14K
- **Utilities:** $6K
- **Jobs reported:** 13
## Lender
- **Originating:** First General Bank
- **Servicing:** First General Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*