# PPP loan: SURMEL LLC
> **$1.25M** approved 04/08/2020 · Paid in Full · Loan `8816007004`
## Borrower
- **Name:** SURMEL LLC
- **Address:** 2257 FAIR OAKS BLVD, SACRAMENTO, CA, 95825-5501
- **NAICS:** 623110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.25M
- **Initial approval:** $1.25M
- **Forgiven:** $1.27M (102%)
- **Forgiveness date:** 05/25/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.25M
- **Jobs reported:** 200
## Lender
- **Originating:** First Foundation Bank
- **Servicing:** First Foundation Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*