# PPP loan: PANDA TOWING LLC
> **$170K** approved 06/01/2020 · Paid in Full · Loan `6240687801`
## Borrower
- **Name:** PANDA TOWING LLC
- **Address:** 4701 Ashburner Street, Philadelphia, PA, 19136-2903
- **NAICS:** 812990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $172K (101%)
- **Forgiveness date:** 08/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $127K
- **Rent:** $21K
- **Utilities:** $21K
- **Jobs reported:** 15
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*