# PPP loan: 2961 STATE ST INC
> **$204K** approved 05/01/2020 · Exemption 4 · Loan `8181007304`
## Borrower
- **Name:** 2961 STATE ST INC
- **Address:** STE 107 2961 STATE ST, CARLSBAD, CA, 92008-2337
- **NAICS:** 722410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $204K
- **Initial approval:** $204K
- **Forgiven:** $121K (59%)
- **Forgiveness date:** 08/04/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $204K
- **Jobs reported:** 32
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*