# PPP loan: SGB BETTER BAKING CO. LLC
> **$414K** approved 04/15/2020 · Paid in Full · Loan `1610747202`
## Borrower
- **Name:** SGB BETTER BAKING CO. LLC
- **Address:** 14528 Blythe St., Van Nuys, CA, 91402
- **NAICS:** 311812
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $414K
- **Initial approval:** $414K
- **Forgiven:** $419K (101%)
- **Forgiveness date:** 08/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $414K
- **Jobs reported:** 50
## Lender
- **Originating:** Modern Bank, National Association
- **Servicing:** Modern Bank, National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*