# PPP loan: GREATER PALM SPRINGS CVB
> **$1.14M** approved 05/01/2020 · Paid in Full · Loan `4775147702`
## Borrower
- **Name:** GREATER PALM SPRINGS CVB
- **Address:** 70100 HIGHWAY 111, RANCHO MIRAGE, CA, 92270
- **NAICS:** 561920
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.14M
- **Initial approval:** $1.14M
- **Forgiven:** $1.16M (101%)
- **Forgiveness date:** 09/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.14M
- **Jobs reported:** 63
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*