# PPP loan: PAYON PLASTERING CO INC.
> **$150K** approved 06/04/2020 · Charged Off · Loan `7837987805`
## Borrower
- **Name:** PAYON PLASTERING CO INC.
- **Address:** 77725 Enfield Lane, Palm Desert, CA, 92211-0468
- **NAICS:** 236115
- **Business type:** Sole Proprietorship
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Status:** Charged Off
- **Term:** 22 months
## Use of funds
- **Payroll:** $150K
- **Jobs reported:** 47
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*