# PPP loan: PANACEA, INC.
> **$356K** approved 04/30/2020 · Paid in Full · Loan `5575087305`
## Borrower
- **Name:** PANACEA, INC.
- **Address:** 14905 Paramount Blvd., Suite H, Paramount, CA, 90723
- **NAICS:** 541712
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $356K
- **Initial approval:** $356K
- **Forgiven:** $359K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $356K
- **Jobs reported:** 25
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*