# PPP loan: THE PALMS GOLF CLUB INC
> **$425K** approved 02/05/2021 · Paid in Full · Loan `3889938409`
## Borrower
- **Name:** THE PALMS GOLF CLUB INC
- **Address:** 57000 Palms Dr, La Quinta, CA, 92253-8767
- **NAICS:** 722511
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $425K
- **Initial approval:** $425K
- **Forgiven:** $429K (101%)
- **Forgiveness date:** 01/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $425K
- **Jobs reported:** 36
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*