# PPP loan: EL PALOMAR, INC
> **$527K** approved 04/08/2020 · Paid in Full · Loan `8464717000`
## Borrower
- **Name:** EL PALOMAR, INC
- **Address:** 1336 Pacific Avenue, SANTA CRUZ, CA, 95060-3932
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $527K
- **Initial approval:** $527K
- **Forgiven:** $533K (101%)
- **Forgiveness date:** 07/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $395K
- **Rent:** $66K
- **Utilities:** $66K
- **Jobs reported:** 82
## Lender
- **Originating:** Santa Cruz County Bank
- **Servicing:** Santa Cruz County Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*