# PPP loan: BRIGHT SHARK POWDER COATING CORPORATION
> **$150K** approved 04/28/2020 · Paid in Full · Loan `8258777202`
## Borrower
- **Name:** BRIGHT SHARK POWDER COATING CORPORATION
- **Address:** 4530 SCHAEFER AVE, CHINO, CA, 91710-5539
- **NAICS:** 424990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (101%)
- **Forgiveness date:** 04/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $120K
- **Rent:** $8K
- **Utilities:** $15K
- **Health care:** $7K
- **Jobs reported:** 19
## Lender
- **Originating:** Chino Commercial Bank, N.A.
- **Servicing:** Chino Commercial Bank, N.A. (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*