# PPP loan: PEERLESS COFFEE COMPANY INC
> **$1.20M** approved 01/29/2021 · Paid in Full · Loan `8343848309`
## Borrower
- **Name:** PEERLESS COFFEE COMPANY INC
- **Address:** 260 Oak St, Oakland, CA, 94607-4512
- **NAICS:** 311920
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.20M
- **Initial approval:** $1.20M
- **Forgiven:** $1.22M (101%)
- **Forgiveness date:** 06/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.20M
- **Utilities:** $1
- **Jobs reported:** 57
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*