# PPP loan: TCI ENGINEERING, INC.
> **$615K** approved 04/07/2020 · Paid in Full · Loan `7373847004`
## Borrower
- **Name:** TCI ENGINEERING, INC.
- **Address:** 1416 BROOKS ST, ONTARIO, CA, 91762-3613
- **NAICS:** 423120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $615K
- **Initial approval:** $615K
- **Forgiven:** $620K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $528K
- **Health care:** $87K
- **Jobs reported:** 49
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*