# PPP loan: P. A. POON & SON, INC.
> **$350K** approved 08/03/2020 · Paid in Full · Loan `2876708210`
## Borrower
- **Name:** P. A. POON & SON, INC.
- **Address:** 18862 BEACH BLVD. #103, HUNTINGTON BEACH, CA, 92648-2008
- **NAICS:** 531311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $350K
- **Initial approval:** $350K
- **Forgiven:** $353K (101%)
- **Forgiveness date:** 06/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $350K
- **Jobs reported:** 30
## Lender
- **Originating:** Farmers & Merchants Bank of Long Beach
- **Servicing:** Farmers & Merchants Bank of Long Beach (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*