# PPP loan: SAN PASQUAL ECONOMIC DEVELOPMENT CORPORATION
> **$150K** approved 04/13/2020 · Paid in Full · Loan `4758707103`
## Borrower
- **Name:** SAN PASQUAL ECONOMIC DEVELOPMENT CORPORATION
- **Address:** PO Box 10 16400 Kumeyaay Way, Valley Center, CA, 92082
- **NAICS:** 926110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $113K
- **Utilities:** $38K
- **Jobs reported:** 10
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*