# PPP loan: PALM SPRING V INC
> **$489K** approved 04/27/2020 · Paid in Full · Loan `5772367207`
## Borrower
- **Name:** PALM SPRING V INC
- **Address:** 67-977 PALM CANYON DR, CATHEDRAL CITY, CA, 92234-5460
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $489K
- **Initial approval:** $489K
- **Forgiven:** $492K (101%)
- **Forgiveness date:** 12/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $489K
- **Jobs reported:** 57
## 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*