# PPP loan: PAYNECO SPECIALITITES, INCORPORATED
> **$703K** approved 04/16/2020 · Paid in Full · Loan `2712067205`
## Borrower
- **Name:** PAYNECO SPECIALITITES, INCORPORATED
- **Address:** 120 North 2nd Avenue, CHULA VISTA, CA, 91910
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $703K
- **Initial approval:** $703K
- **Forgiven:** $710K (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $703K
- **Jobs reported:** 36
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*