# PPP loan: GRACING INC
> **$262K** approved 04/09/2020 · Paid in Full · Loan `9226697006`
## Borrower
- **Name:** GRACING INC
- **Address:** 17003 EVERGREEN PLACE, HACIENDA HEIGHTS, CA, 91745-1819
- **NAICS:** 315990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $262K
- **Initial approval:** $262K
- **Forgiven:** $266K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $230K
- **Utilities:** $12K
- **Health care:** $20K
- **Jobs reported:** 28
## 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*