# PPP loan: PALM BAY INTERNATIONAL, INC
> **$5.81M** approved 04/09/2020 · Paid in Full · Loan `9809277000`
## Borrower
- **Name:** PALM BAY INTERNATIONAL, INC
- **Address:** 48 HARBOR PARK DRIVE 0.0, PORT WASHINGTON, NY, 11050-4653
- **NAICS:** 424820
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.81M
- **Initial approval:** $5.81M
- **Forgiven:** $5.88M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.79M
- **Rent:** $230K
- **Utilities:** $25K
- **Health care:** $400K
- **Debt interest:** $370K
- **Jobs reported:** 279
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*