# PPP loan: SECURITY PACIFIC ASSOCIATES INC
> **$979K** approved 02/22/2021 · Exemption 4 · Loan `2996968506`
## Borrower
- **Name:** SECURITY PACIFIC ASSOCIATES INC
- **Address:** 362 N Camden Dr, Beverly Hills, CA, 90210-5112
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $979K
- **Initial approval:** $979K
- **Forgiven:** $154K (16%)
- **Forgiveness date:** 04/07/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $979K
- **Utilities:** $1
- **Jobs reported:** 38
## 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*