# PPP loan: PIONEER THEATRES, INC.
> **$324K** approved 04/15/2020 · Paid in Full · Loan `1908507203`
## Borrower
- **Name:** PIONEER THEATRES, INC.
- **Address:** 2500 & 2700 Redondo Beach, TORRANCE, CA, 90504-1529
- **NAICS:** 454390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $324K
- **Initial approval:** $324K
- **Forgiven:** $327K (101%)
- **Forgiveness date:** 03/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $243K
- **Rent:** $81K
- **Jobs reported:** 25
## Lender
- **Originating:** CTBC Bank Corp. (USA).
- **Servicing:** CTBC Bank Corp. (USA). (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*