# PPP loan: ERNIE & SONS SCAFFOLDING
> **$2.89M** approved 04/09/2020 · Paid in Full · Loan `9860617001`
## Borrower
- **Name:** ERNIE & SONS SCAFFOLDING
- **Address:** 1960 OLIVERA RD, CONCORD, CA, 94520-5425
- **NAICS:** 532490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.89M
- **Initial approval:** $2.89M
- **Forgiven:** $2.96M (102%)
- **Forgiveness date:** 08/26/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.87M
- **Rent:** $20K
- **Utilities:** $3K
- **Jobs reported:** 123
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*