# PPP loan: PEARSON FOOD COMPANY INC
> **$815K** approved 04/09/2020 · Paid in Full · Loan `8934967000`
## Borrower
- **Name:** PEARSON FOOD COMPANY INC
- **Address:** 2303 Mt Vernon Avenue, POMONA, CA, 91768
- **NAICS:** 424990
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $815K
- **Initial approval:** $815K
- **Forgiven:** $820K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $815K
- **Jobs reported:** 60
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*