# PPP loan: PARADISE POWER COMPANY, INC
> **$247K** approved 04/06/2020 · Paid in Full · Loan `6067967002`
## Borrower
- **Name:** PARADISE POWER COMPANY, INC
- **Address:** 245 PASEO DEL CANON East, TAOS, NM, 87571-6239
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $249K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $247K
- **Jobs reported:** 27
## Lender
- **Originating:** Centinel Bank of Taos
- **Servicing:** Centinel Bank of Taos (NM)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*