# PPP loan: SOFTUB, INC
> **$950K** approved 04/08/2020 · Paid in Full · Loan `8574527003`
## Borrower
- **Name:** SOFTUB, INC
- **Address:** 24700 AVENUE ROCKEFELLER, VALENCIA, CA, 91355-3465
- **NAICS:** 339999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $950K
- **Initial approval:** $950K
- **Forgiven:** $959K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $749K
- **Rent:** $109K
- **Utilities:** $34K
- **Health care:** $58K
- **Jobs reported:** 100
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*