# PPP loan: PALERMO BAKERY CO. INC.
> **$189K** approved 01/30/2021 · Paid in Full · Loan `8867858302`
## Borrower
- **Name:** PALERMO BAKERY CO. INC.
- **Address:** 1620 Fremont Blvd, Seaside, CA, 93955-3607
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $189K
- **Initial approval:** $189K
- **Forgiven:** $190K (101%)
- **Forgiveness date:** 08/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $189K
- **Utilities:** $1
- **Jobs reported:** 20
## 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*