# PPP loan: MONTEREY MARTINI INC.
> **$1.47M** approved 01/16/2021 · Paid in Full · Loan `1076278307`
## Borrower
- **Name:** MONTEREY MARTINI INC.
- **Address:** 24560 Silver Cloud Ct Ste 104, Monterey, CA, 93940-6560
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.47M
- **Initial approval:** $1.47M
- **Forgiven:** $1.49M (101%)
- **Forgiveness date:** 03/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.47M
- **Utilities:** $1
- **Jobs reported:** 150
## Lender
- **Originating:** Pacific Valley Bank
- **Servicing:** Pacific Valley Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*