It gets credited back to Paypal and held there for future use, or until you manually transfer back to your bank account/card.
Interestingly enough, it isn't in my paypal and checking paypal history, it says it sent it to my credit card which it is tied to. But I am checking my credit card account and I do not see it at all. Gotta contact someone now.
Update: ITS WORKING!
While everyone online was going to charge me $250 for the core i7 4770 (non K model), I was able to get a whole Dell 9020 with 16gb of ram and the 4770 for only $150. So now I got a second system to just play around with, using it for media center.
I was almost in tears in happiness just to get this POS working at least.
So here its final system setup:
Core i7 4770 - Cost me $150 (well, technically a whole system but I am counting it)
Asrock Z87E-ITX mobo ~$180 (way too expensive. $130 for mobo but shipping/handling/import taxes cost me the extra amount)
Couger QBX - $80
ASUS GTX 1070 Turbo - $400 (got it used at a decent price)
480gb Kingston SSD - $108
EVGA 600W Bronze PSU - $70
16gb GSKILL Ripjaws - $100
$1,088 CAD ($834 USD)
Not bad. I would be theoretically spending about ~$400 - 500 more if I got some newer components. But ram prices up here are a killer so the cheap DDR3 were what helped.