# PPP loan: FRIENDS OF THE CULTURAL CENTER INC.
> **$881K** approved 02/05/2021 · Paid in Full · Loan `3575878401`
## Borrower
- **Name:** FRIENDS OF THE CULTURAL CENTER INC.
- **Address:** 73000 Fred Waring Dr, Palm Desert, CA, 92260-2800
- **NAICS:** 711310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $881K
- **Initial approval:** $881K
- **Forgiven:** $888K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $881K
- **Utilities:** $1
- **Jobs reported:** 87
## Lender
- **Originating:** FirstBank
- **Servicing:** FirstBank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*