# PPP loan: ASSOCIATED PACIFIC CONSTRUCTORS INC.
> **$251K** approved 01/29/2021 · Paid in Full · Loan `8080508309`
## Borrower
- **Name:** ASSOCIATED PACIFIC CONSTRUCTORS INC.
- **Address:** 495 Embarcadero, Morro Bay, CA, 93442-2574
- **NAICS:** 237990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $251K
- **Initial approval:** $251K
- **Forgiven:** $254K (101%)
- **Forgiveness date:** 06/13/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $251K
- **Utilities:** $1
- **Jobs reported:** 13
## Lender
- **Originating:** 1st Capital Bank
- **Servicing:** 1st Capital Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*