# PPP loan: PALI INSTITUTE, INC.
> **$426K** approved 05/01/2020 · Paid in Full · Loan `3129117705`
## Borrower
- **Name:** PALI INSTITUTE, INC.
- **Address:** 30778 Highway 18, RUNNING SPRINGS, CA, 92382
- **NAICS:** 511210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $426K
- **Initial approval:** $426K
- **Forgiven:** $190K (45%)
- **Forgiveness date:** 12/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $415K
- **Health care:** $11K
- **Jobs reported:** 107
## 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*