# PPP loan: DESERT PALM SUITES LP
> **$377K** approved 07/24/2020 · Paid in Full · Loan `8049188104`
## Borrower
- **Name:** DESERT PALM SUITES LP
- **Address:** 631 W Katella Ave, Fifth Floor, Anaheim, CA, 92802
- **NAICS:** 721110
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $377K
- **Initial approval:** $377K
- **Forgiven:** $121K (32%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $377K
- **Jobs reported:** 70
## Lender
- **Originating:** Live Oak Banking Company
- **Servicing:** Live Oak Banking Company (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*