# PPP loan: BERNEL, INC.
> **$1.94M** approved 04/09/2020 · Paid in Full · Loan `9709597005`
## Borrower
- **Name:** BERNEL, INC.
- **Address:** 501 W SOUTHERN AVE, ORANGE, CA, 92865-3217
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.94M
- **Initial approval:** $1.95M
- **Forgiven:** $1.96M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.81M
- **Rent:** $42K
- **Utilities:** $10K
- **Health care:** $77K
- **Jobs reported:** 148
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*