# PPP loan: THE PALOS CO., INC.
> **$522K** approved 08/07/2020 · Paid in Full · Loan `5384218202`
## Borrower
- **Name:** THE PALOS CO., INC.
- **Address:** 555 W ALLEN AVE #2, SAN DIMAS, CA, 91773-1445
- **NAICS:** 238310
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $522K
- **Initial approval:** $522K
- **Forgiven:** $531K (102%)
- **Forgiveness date:** 03/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $313K
- **Utilities:** $209K
- **Jobs reported:** 20
## Lender
- **Originating:** California Bank of Commerce, NA
- **Servicing:** California Bank of Commerce, NA (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*