# PPP loan: THE RESTAURANT FACTORY VENTURE III, LLC
> **$906K** approved 04/10/2020 · Paid in Full · Loan `1573027100`
## Borrower
- **Name:** THE RESTAURANT FACTORY VENTURE III, LLC
- **Address:** 28128 PACIFIC COAST HWY, MALIBU, CA, 90265-3921
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $906K
- **Initial approval:** $906K
- **Forgiven:** $914K (101%)
- **Forgiveness date:** 04/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $643K
- **Rent:** $120K
- **Utilities:** $55K
- **Health care:** $88K
- **Jobs reported:** 127
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*