# PPP loan: PARK MARINO CONVALESCENT CENTER INC.
> **$3.55M** approved 04/10/2020 · Paid in Full · Loan `2421027106`
## Borrower
- **Name:** PARK MARINO CONVALESCENT CENTER INC.
- **Address:** 136 WASHINGTON AVE, RICHMOND, CA, 94801-3947
- **NAICS:** 623110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.55M
- **Initial approval:** $3.55M
- **Forgiven:** $3.61M (102%)
- **Forgiveness date:** 03/18/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.00M
- **Rent:** $47K
- **Utilities:** $90K
- **Health care:** $406K
- **Jobs reported:** 298
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*