# PPP loan: PURPLE PAX, INC.
> **$326K** approved 04/16/2020 · Paid in Full · Loan `2519287210`
## Borrower
- **Name:** PURPLE PAX, INC.
- **Address:** 2724 PRUNERIDGE AVE, SANTA CLARA, CA, 95051
- **NAICS:** 492110
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $326K
- **Initial approval:** $326K
- **Forgiven:** $328K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $301K
- **Health care:** $25K
- **Jobs reported:** 20
## 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*