# PPP loan: 16500 SIXTEEN FIVE HUNDRED
> **$1.74M** approved 04/09/2020 · Paid in Full · Loan `9588827005`
## Borrower
- **Name:** 16500 SIXTEEN FIVE HUNDRED
- **Address:** 2100 POWELL ST, EMERYVILLE, CA, 94608-1803
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.74M
- **Initial approval:** $2.20M
- **Forgiven:** $1.75M (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.74M
- **Jobs reported:** 75
## Lender
- **Originating:** Beacon Business Bank National Association
- **Servicing:** Beacon Business Bank National Association (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*