# PPP loan: PACIFIC PALLET EXCHANGE INC
> **$340K** approved 04/14/2020 · Paid in Full · Loan `6669587101`
## Borrower
- **Name:** PACIFIC PALLET EXCHANGE INC
- **Address:** 3315 51st avenue, SACRAMENTO, CA, 95823-1013
- **NAICS:** 321999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $340K
- **Initial approval:** $340K
- **Forgiven:** $344K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $300K
- **Rent:** $28K
- **Utilities:** $12K
- **Jobs reported:** 49
## Lender
- **Originating:** Five Star Bank
- **Servicing:** Five Star Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*