# PPP loan: PAYNE'S DISTRIBUTION LLC
> **$333K** approved 05/11/2020 · Paid in Full · Loan `4874747406`
## Borrower
- **Name:** PAYNE'S DISTRIBUTION LLC
- **Address:** 5666 La Jolla Boulevard, San Diego, CA, 92037
- **NAICS:** 541890
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $333K
- **Initial approval:** $333K
- **Forgiven:** $338K (101%)
- **Forgiveness date:** 10/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $333K
- **Jobs reported:** 26
## Lender
- **Originating:** Fountainhead SBF LLC
- **Servicing:** Fountainhead SBF LLC (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*