# PPP loan: PANAMA BANANA DISTRIBUTING CO., INC.
> **$573K** approved 04/08/2020 · Paid in Full · Loan `8542417000`
## Borrower
- **Name:** PANAMA BANANA DISTRIBUTING CO., INC.
- **Address:** 2404 S. Wolcott, Suite 36, CHICAGO, IL, 60608
- **NAICS:** 424480
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $573K
- **Initial approval:** $573K
- **Forgiven:** $582K (102%)
- **Forgiveness date:** 11/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $573K
- **Jobs reported:** 32
## Lender
- **Originating:** CIBC Bank USA
- **Servicing:** CIBC Bank USA (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*