# PPP loan: TESTRONIC, INC.
> **$681K** approved 06/05/2020 · Paid in Full · Loan `8542037810`
## Borrower
- **Name:** TESTRONIC, INC.
- **Address:** 111 N. FIRST ST 304, BURBANK, CA, 91502-1851
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $681K
- **Initial approval:** $703K
- **Forgiven:** $688K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $681K
- **Jobs reported:** 112
## Lender
- **Originating:** Citizens Business Bank
- **Servicing:** Citizens Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*