# PPP loan: CALOP BUSINESS SYSTEMS, INC.
> **$850K** approved 04/08/2020 · Paid in Full · Loan `8671417007`
## Borrower
- **Name:** CALOP BUSINESS SYSTEMS, INC.
- **Address:** 5250 W. CENTURY BLVD SUITE 614, LOS ANGELES, CA, 90045-5916
- **NAICS:** 488190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $850K
- **Initial approval:** $2.56M
- **Forgiven:** $861K (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $680K
- **Rent:** $21K
- **Utilities:** $115K
- **Health care:** $34K
- **Jobs reported:** 380
## Lender
- **Originating:** PCB Bank
- **Servicing:** PCB Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*