# PPP loan: PSLCT INC
> **$992K** approved 04/13/2020 · Paid in Full · Loan `5259767110`
## Borrower
- **Name:** PSLCT INC
- **Address:** 222 S PALM CANYON DR, PALM SPRINGS, CA, 92262-6312
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $992K
- **Initial approval:** $1.02M
- **Forgiven:** $1.00M (101%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $744K
- **Rent:** $136K
- **Utilities:** $35K
- **Health care:** $72K
- **Debt interest:** $5K
- **Jobs reported:** 132
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*