# PPP loan: CTES INDUSTRIES
> **$380K** approved 03/10/2021 · Paid in Full · Loan `8883888507`
## Borrower
- **Name:** CTES INDUSTRIES
- **Address:** 2351 Sunset Blvd Ste 170-701, Rocklin, CA, 95765-4338
- **NAICS:** 541618
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $380K
- **Initial approval:** $380K
- **Forgiven:** $385K (101%)
- **Forgiveness date:** 07/13/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $380K
- **Utilities:** $1
- **Jobs reported:** 19
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*