# PPP loan: PROMATE PRODUCE U.S.A.
> **$625K** approved 04/14/2020 · Paid in Full · Loan `6187577106`
## Borrower
- **Name:** PROMATE PRODUCE U.S.A.
- **Address:** 5688 BOYLE AVE, VERNON, CA, 90058-3931
- **NAICS:** 424480
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $625K
- **Initial approval:** $625K
- **Forgiven:** $633K (101%)
- **Forgiveness date:** 09/02/2021
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $620K
- **Health care:** $5K
- **Jobs reported:** 83
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*