# PPP loan: CLASS I.C. COMPONENTS CORP.
> **$819K** approved 04/28/2020 · Paid in Full · Loan `8592987201`
## Borrower
- **Name:** CLASS I.C. COMPONENTS CORP.
- **Address:** 23605 TELO AVE, TORRANCE, CA, 90505-4028
- **NAICS:** 423610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $819K
- **Initial approval:** $819K
- **Forgiven:** $823K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $761K
- **Health care:** $57K
- **Jobs reported:** 48
## Lender
- **Originating:** SMBC MANUBANK
- **Servicing:** SMBC MANUBANK (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*