# PPP loan: 5400 BEACH BLVD., INC
> **$601K** approved 04/07/2020 · Paid in Full · Loan `7443177000`
## Borrower
- **Name:** 5400 BEACH BLVD., INC
- **Address:** 5331 UNIVERSITY DR, IRVINE, CA, 92612-2938
- **NAICS:** 445110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $601K
- **Initial approval:** $350K
- **Forgiven:** $608K (101%)
- **Forgiveness date:** 05/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $550K
- **Utilities:** $51K
- **Jobs reported:** 66
## Lender
- **Originating:** Open Bank
- **Servicing:** Open Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*