# PPP loan: ARGONAUT CALIFORNIA VENTURES INC
> **$1.03M** approved 04/05/2020 · Paid in Full · Loan `5505307010`
## Borrower
- **Name:** ARGONAUT CALIFORNIA VENTURES INC
- **Address:** 1980 E. 20TH ST, CHICO, CA, 95928-6342
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.03M
- **Initial approval:** $1.03M
- **Forgiven:** $968K (94%)
- **Forgiveness date:** 05/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $929K
- **Rent:** $103K
- **Jobs reported:** 249
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*