# PPP loan: PARSEC MEDIA INC.
> **$417K** approved 04/28/2020 · Paid in Full · Loan `7429377201`
## Borrower
- **Name:** PARSEC MEDIA INC.
- **Address:** 575 FIFTH AVE, 8TH FL, NEW YORK, NY, 10017
- **NAICS:** 541890
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $417K
- **Initial approval:** $417K
- **Forgiven:** $422K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $417K
- **Jobs reported:** 17
## Lender
- **Originating:** Banc of California
- **Servicing:** Banc of California (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*