# PPP loan: PARADISE POOL AND SPA, INC.
> **$280K** approved 04/27/2020 · Paid in Full · Loan `4550897202`
## Borrower
- **Name:** PARADISE POOL AND SPA, INC.
- **Address:** 2785 Pacific Coast Highway, E809, Torrance, CA, 90505
- **NAICS:** 238190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $280K
- **Initial approval:** $280K
- **Forgiven:** $282K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $196K
- **Rent:** $14K
- **Utilities:** $14K
- **Health care:** $56K
- **Jobs reported:** 37
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*