# PPP loan: TIPPING DEVELOPMENT INC
> **$292K** approved 01/19/2021 · Paid in Full · Loan `1588548309`
## Borrower
- **Name:** TIPPING DEVELOPMENT INC
- **Address:** 911 S Primrose Ave Ste P, Monrovia, CA, 91016-8403
- **NAICS:** 236115
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $292K
- **Initial approval:** $292K
- **Forgiven:** $295K (101%)
- **Forgiveness date:** 11/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $292K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** Royal Business Bank
- **Servicing:** Royal Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*