# PPP loan: MONTEREY JAZZ FESTIVAL
> **$218K** approved 04/15/2020 · Paid in Full · Loan `1976397209`
## Borrower
- **Name:** MONTEREY JAZZ FESTIVAL
- **Address:** 9699 BLUE LARKSPUR LN, MONTEREY, CA, 93940-6552
- **NAICS:** 711310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $218K
- **Initial approval:** $218K
- **Forgiven:** $220K (101%)
- **Forgiveness date:** 03/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $218K
- **Jobs reported:** 117
## 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*