# PPP loan: POINT PACIFIC CORPORATION
> **$638K** approved 04/28/2020 · Exemption 4 · Loan `6855497200`
## Borrower
- **Name:** POINT PACIFIC CORPORATION
- **Address:** 880 S HARBOR SCENIC DR, LONG BEACH, CA, 90802-6303
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $638K
- **Initial approval:** $638K
- **Forgiven:** $569K (89%)
- **Forgiveness date:** 12/10/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $638K
- **Jobs reported:** 88
## Lender
- **Originating:** Umpqua Bank
- **Servicing:** Umpqua Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*