# PPP loan: PAPICH CONSTRUCTION COMPANY, INC.
> **$5.20M** approved 04/12/2020 · Paid in Full · Loan `4087937100`
## Borrower
- **Name:** PAPICH CONSTRUCTION COMPANY, INC.
- **Address:** 398 SUNRISE TERRACE, ARROYO GRANDE, CA, 93420-4419
- **NAICS:** 237990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.20M
- **Initial approval:** $5.20M
- **Forgiven:** $5.26M (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.16M
- **Rent:** $384K
- **Utilities:** $423K
- **Health care:** $94K
- **Debt interest:** $139K
- **Jobs reported:** 194
## Lender
- **Originating:** Pacific Premier 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*