# PPP loan: PARK AMERICA INC
> **$1.62M** approved 02/05/2021 · Paid in Full · Loan `3436718410`
## Borrower
- **Name:** PARK AMERICA INC
- **Address:** 1 Bala Ave Ste 500, Bala Cynwyd, PA, 19004-3216
- **NAICS:** 812930
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.62M
- **Initial approval:** $1.62M
- **Forgiven:** $1.63M (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.62M
- **Utilities:** $1
- **Jobs reported:** 262
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*