# PPP loan: CATALINA ISLAND COMPANY
> **$5.07M** approved 04/09/2020 · Paid in Full · Loan `9955557010`
## Borrower
- **Name:** CATALINA ISLAND COMPANY
- **Address:** 150 Metropole Ave., AVALON, CA, 90704-2861
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.07M
- **Initial approval:** $5.07M
- **Forgiven:** $5.14M (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.46M
- **Rent:** $22K
- **Mortgage interest:** $75K
- **Utilities:** $167K
- **Health care:** $350K
- **Jobs reported:** 492
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*