# PPP loan: PPC SERVICE INC
> **$255K** approved 04/10/2020 · Paid in Full · Loan `2425307104`
## Borrower
- **Name:** PPC SERVICE INC
- **Address:** 5950 Lakeshore Drive, CYPRESS, CA, 90630-3371
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $255K
- **Initial approval:** $255K
- **Forgiven:** $258K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $203K
- **Rent:** $18K
- **Utilities:** $34K
- **Jobs reported:** 8
## Lender
- **Originating:** First Pacific Bank
- **Servicing:** First Pacific Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*