# PPP loan: HERITAGE PAPER CO.
> **$519K** approved 04/06/2020 · Paid in Full · Loan `5819507003`
## Borrower
- **Name:** HERITAGE PAPER CO.
- **Address:** 2400 S. GRAND AVE, SANTA ANA, CA, 92705-5211
- **NAICS:** 561910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $519K
- **Initial approval:** $519K
- **Forgiven:** $525K (101%)
- **Forgiveness date:** 05/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $416K
- **Rent:** $43K
- **Utilities:** $6K
- **Health care:** $55K
- **Jobs reported:** 41
## 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*