# PPP loan: SABLITT CO.
> **$327K** approved 04/15/2020 · Paid in Full · Loan `9302807103`
## Borrower
- **Name:** SABLITT CO.
- **Address:** 14 W Gutierrez St, Santa Barbara, CA, 93101-3423
- **NAICS:** 812320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $327K
- **Initial approval:** $327K
- **Forgiven:** $329K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $262K
- **Rent:** $40K
- **Utilities:** $25K
- **Jobs reported:** 38
## Lender
- **Originating:** American Riviera Bank
- **Servicing:** American Riviera Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*