# PPP loan: PALCARE
> **$474K** approved 04/13/2020 · Paid in Full · Loan `4588457107`
## Borrower
- **Name:** PALCARE
- **Address:** 945 CALIFORNIA DR, BURLINGAME, CA, 94010-3605
- **NAICS:** 624410
- **Business type:** Non-Profit Childcare Center
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $474K
- **Initial approval:** $474K
- **Forgiven:** $479K (101%)
- **Forgiveness date:** 04/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $474K
- **Jobs reported:** 63
## Lender
- **Originating:** Beacon Business Bank National Association
- **Servicing:** Beacon Business Bank National Association (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*