# PPP loan: CLARESCO CORPORATION
> **$175K** approved 04/28/2020 · Paid in Full · Loan `9377487206`
## Borrower
- **Name:** CLARESCO CORPORATION
- **Address:** 2342 SHATTUCK AVE STE 504, BERKELEY, CA, 94710
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Forgiven:** $177K (101%)
- **Forgiveness date:** 04/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $175K
- **Jobs reported:** 10
## Lender
- **Originating:** Mechanics Bank
- **Servicing:** Mechanics Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*