Hi PhilD607, I hope you're doing well! PayPal Cash Balance is an Amount or Funds that are in your PayPal online account. You can use it to purchase goods and services and to send it as personal payment as well. PayPal Balance is not a loan, it is money collected from your Linked bank account or Debit Card. PayPal balance can also come from the payments you received . Link below can help you more how PayPal Balance works. I hope this will help. Stay safe!