# PPP loan: PARAGONSUN
> **$518K** approved 05/01/2020 · Paid in Full · Loan `1995127705`
## Borrower
- **Name:** PARAGONSUN
- **Address:** 221 FOLLYHATCH, IRVINE, CA, 92618
- **NAICS:** 531210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $518K
- **Initial approval:** $518K
- **Forgiven:** $525K (101%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $450K
- **Rent:** $42K
- **Utilities:** $7K
- **Health care:** $12K
- **Debt interest:** $7K
- **Jobs reported:** 40
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*