# PPP loan: AXXIS CORPORATION
> **$589K** approved 04/14/2020 · Paid in Full · Loan `5993237109`
## Borrower
- **Name:** AXXIS CORPORATION
- **Address:** 1535 NANDINA AVE, PERRIS, CA, 92571-7010
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $589K
- **Initial approval:** $754K
- **Forgiven:** $596K (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $471K
- **Mortgage interest:** $21K
- **Utilities:** $10K
- **Health care:** $36K
- **Debt interest:** $51K
- **Jobs reported:** 46
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*