# PPP loan: PARADISE IN PORTLAND INC.
> **$298K** approved 02/25/2021 · Charged Off · Loan `4458198502`
## Borrower
- **Name:** PARADISE IN PORTLAND INC.
- **Address:** 1310 SW 3rd Ave, Portland, OR, 97201-5867
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $298K
- **Initial approval:** $298K
- **Forgiven:** $283K (95%)
- **Forgiveness date:** 07/20/2022
- **Status:** Charged Off
- **Term:** 32 months
## Use of funds
- **Payroll:** $297K
- **Utilities:** $1
- **Jobs reported:** 40
## Lender
- **Originating:** Cache Valley Bank
- **Servicing:** Cache Valley Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*