# PPP loan: SARDINE FACTORY INC
> **$501K** approved 04/09/2020 · Paid in Full · Loan `1088367104`
## Borrower
- **Name:** SARDINE FACTORY INC
- **Address:** 701 WAVE ST, MONTEREY, CA, 93940-1016
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $501K
- **Initial approval:** $501K
- **Forgiven:** $504K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $501K
- **Jobs reported:** 61
## Lender
- **Originating:** 1st Capital Bank
- **Servicing:** 1st Capital Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*