# PPP loan: PENINSULA MOBILE SERVICE
> **$242K** approved 04/30/2020 · Paid in Full · Loan `5544997304`
## Borrower
- **Name:** PENINSULA MOBILE SERVICE
- **Address:** 2701 SPRING ST, REDWOOD CITY, CA, 94063-3523
- **NAICS:** 561499
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $242K
- **Initial approval:** $242K
- **Forgiven:** $243K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $242K
- **Jobs reported:** 55
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*