# PPP loan: PARSONS GROUP INC
> **$752K** approved 04/15/2020 · Paid in Full · Loan `9256017100`
## Borrower
- **Name:** PARSONS GROUP INC
- **Address:** 1 N CALLE CESAR CHAVEZ, SANTA BARBARA, CA, 93103-3662
- **NAICS:** 623110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $752K
- **Initial approval:** $752K
- **Forgiven:** $760K (101%)
- **Forgiveness date:** 05/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $731K
- **Mortgage interest:** $7K
- **Utilities:** $14K
- **Jobs reported:** 114
## Lender
- **Originating:** Montecito Bank & Trust
- **Servicing:** Montecito Bank & Trust (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*