# PPP loan: BCS PRODUCE CO. INC.
> **$345K** approved 04/28/2020 · Exemption 4 · Loan `6809407205`
## Borrower
- **Name:** BCS PRODUCE CO. INC.
- **Address:** 7808 Saint Andrews Ave., San Diego, CA, 92154
- **NAICS:** 424480
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $345K
- **Initial approval:** $345K
- **Forgiven:** $101K (29%)
- **Forgiveness date:** 08/09/2022
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $276K
- **Rent:** $19K
- **Utilities:** $30K
- **Health care:** $21K
- **Jobs reported:** 8
## Lender
- **Originating:** Axos Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*