# PPP loan: PAULSON MANUFACTURING CORPORATION
> **$1.05M** approved 03/13/2021 · Paid in Full · Loan `1373138601`
## Borrower
- **Name:** PAULSON MANUFACTURING CORPORATION
- **Address:** 46752 Rainbow Canyon Rd, Temecula, CA, 92592-5927
- **NAICS:** 326199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.05M
- **Initial approval:** $1.05M
- **Forgiven:** $1.06M (100%)
- **Forgiveness date:** 08/31/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.05M
- **Utilities:** $1
- **Jobs reported:** 208
## Lender
- **Originating:** Banner Bank
- **Servicing:** Banner Bank (WA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*