# PPP loan: POLO CLEANERS, LLC
> **$161K** approved 04/08/2020 · Paid in Full · Loan `7879977005`
## Borrower
- **Name:** POLO CLEANERS, LLC
- **Address:** 31105 RANCHO VIEJO RD C11, SAN JUAN CAPISTRANO, CA, 92675-1744
- **NAICS:** 812310
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $161K
- **Initial approval:** $161K
- **Forgiven:** $163K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $140K
- **Rent:** $16K
- **Utilities:** $5K
- **Jobs reported:** 11
## 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*