# PPP loan: BERT JIM DEGROOT
> **$158K** approved 05/02/2020 · Paid in Full · Loan `9540417306`
## Borrower
- **Name:** BERT JIM DEGROOT
- **Address:** 22370 Grand Ave., Long Beach, CA, 90815
- **NAICS:** 112120
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $158K
- **Initial approval:** $158K
- **Forgiven:** $159K (101%)
- **Forgiveness date:** 11/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $158K
- **Jobs reported:** 18
## Lender
- **Originating:** First United Bank
- **Servicing:** First United Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*