# PPP loan: COLONY PALMS LLC
> **$708K** approved 03/17/2021 · Paid in Full · Loan `3611568607`
## Borrower
- **Name:** COLONY PALMS LLC
- **Address:** 572 N Indian Canyon Dr, Palm Springs, CA, 92262-6030
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $708K
- **Initial approval:** $708K
- **Forgiven:** $714K (101%)
- **Forgiveness date:** 01/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $708K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** California Bank of Commerce, NA
- **Servicing:** California Bank of Commerce, NA (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*