# PPP loan: CAL-CITY CONSTRUCTION, INC.
> **$400K** approved 04/08/2020 · Paid in Full · Loan `8534217010`
## Borrower
- **Name:** CAL-CITY CONSTRUCTION, INC.
- **Address:** 16605 NORWALK BLVD, CERRITOS, CA, 90703-1860
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $400K
- **Initial approval:** $400K
- **Forgiven:** $405K (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $301K
- **Rent:** $25K
- **Utilities:** $5K
- **Debt interest:** $69K
- **Jobs reported:** 48
## 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*