# PPP loan: PARADISE DISTRIBUTING, INC.
> **$228K** approved 05/01/2020 · Exemption 4 · Loan `6525707700`
## Borrower
- **Name:** PARADISE DISTRIBUTING, INC.
- **Address:** 1535 NANDINA AVE, PERRIS, CA, 92571-7010
- **NAICS:** —
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $228K
- **Initial approval:** $228K
- **Forgiven:** $183K (80%)
- **Forgiveness date:** 10/21/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $228K
- **Jobs reported:** 20
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*