# PPP loan: THE PARC GROUP, INC.
> **$404K** approved 06/02/2020 · Paid in Full · Loan `6752107806`
## Borrower
- **Name:** THE PARC GROUP, INC.
- **Address:** 4314 PABLO OAKS CT, JACKSONVILLE, FL, 32224-9631
- **NAICS:** 561499
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $404K
- **Initial approval:** $404K
- **Forgiven:** $407K (101%)
- **Forgiveness date:** 05/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $402K
- **Rent:** $1K
- **Utilities:** $1K
- **Jobs reported:** 27
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*