# PPP loan: PAKSN, INC
> **$500K** approved 04/30/2020 · Charged Off · Loan `7578897306`
## Borrower
- **Name:** PAKSN, INC
- **Address:** 540 WEST MONTE VISTA AVE, VACAVILLE, CA, 95688
- **NAICS:** 561110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $500K
- **Initial approval:** $500K
- **Forgiven:** $244K (49%)
- **Forgiveness date:** 04/06/2022
- **Status:** Charged Off
- **Term:** 20 months
## Use of funds
- **Payroll:** $500K
- **Jobs reported:** 15
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*