# PPP loan: DESTINATION CONCEPTS, INC.
> **$1.16M** approved 04/04/2020 · Paid in Full · Loan `4857567006`
## Borrower
- **Name:** DESTINATION CONCEPTS, INC.
- **Address:** 2620 FINANCIAL CT, SAN DIEGO, CA, 92117-3459
- **NAICS:** 561599
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.16M
- **Initial approval:** $1.16M
- **Forgiven:** $1.17M (101%)
- **Forgiveness date:** 05/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $870K
- **Utilities:** $290K
- **Jobs reported:** 67
## Lender
- **Originating:** California Bank of Commerce, NA
- **Servicing:** California Bank of Commerce, NA (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*