# PPP loan: PONCIANO CONSTRUCTION INC.
> **$221K** approved 01/29/2021 · Paid in Full · Loan `8501678302`
## Borrower
- **Name:** PONCIANO CONSTRUCTION INC.
- **Address:** 8402 N Magnolia Ave, Santee, CA, 92071-4638
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $221K
- **Initial approval:** $221K
- **Forgiven:** $222K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $221K
- **Utilities:** $1
- **Jobs reported:** 9
## Lender
- **Originating:** California CU
- **Servicing:** California CU (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*