# PPP loan: 1576 MISSION DRIVE, LLC
> **$455K** approved 04/15/2020 · Paid in Full · Loan `1241917209`
## Borrower
- **Name:** 1576 MISSION DRIVE, LLC
- **Address:** 1576 MISSION DR, SOLVANG, CA, 93463-3601
- **NAICS:** 531390
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $455K
- **Initial approval:** $455K
- **Forgiven:** $458K (101%)
- **Forgiveness date:** 01/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $340K
- **Rent:** $42K
- **Mortgage interest:** $28K
- **Utilities:** $17K
- **Health care:** $18K
- **Debt interest:** $10K
- **Jobs reported:** 75
## Lender
- **Originating:** Banc of California
- **Servicing:** Banc of California (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*