# PPP loan: PROMATE PRODUCE U.S.A.
> **$537K** approved 03/23/2021 · Paid in Full · Loan `6287648608`
## Borrower
- **Name:** PROMATE PRODUCE U.S.A.
- **Address:** 5688 BOYLE AVE, VERNON, CA, 90058
- **NAICS:** 424480
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $537K
- **Initial approval:** $537K
- **Forgiven:** $541K (101%)
- **Forgiveness date:** 01/04/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $537K
- **Utilities:** $1
- **Jobs reported:** 135
## 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*