# PPP loan: MALIBU FARM RESTAURANT AT THE PIER INC
> **$1.01M** approved 04/15/2020 · Paid in Full · Loan `1775337206`
## Borrower
- **Name:** MALIBU FARM RESTAURANT AT THE PIER INC
- **Address:** 23000 PACIFIC COAST HWY BLDG A, MALIBU, CA, 90265
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.01M
- **Initial approval:** $1.01M
- **Forgiven:** $1.02M (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $720K
- **Rent:** $212K
- **Utilities:** $40K
- **Health care:** $40K
- **Jobs reported:** 150
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*