# PPP loan: USGI MEDICAL INC.
> **$360K** approved 01/19/2021 · Paid in Full · Loan `1639668300`
## Borrower
- **Name:** USGI MEDICAL INC.
- **Address:** 1140 Calle Cordillera, San Clemente, CA, 92673-6238
- **NAICS:** 339112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $360K
- **Initial approval:** $360K
- **Forgiven:** $363K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $360K
- **Utilities:** $1
- **Jobs reported:** 18
## Lender
- **Originating:** East West Bank
- **Servicing:** East West Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*