# PPP loan: GRATE LAKE RESTAURANTS I, LLC
> **$346K** approved 06/23/2020 · Paid in Full · Loan `2024518005`
## Borrower
- **Name:** GRATE LAKE RESTAURANTS I, LLC
- **Address:** 100 E. CORSON ST, PASADENA, CA, 91103-3872
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $346K
- **Initial approval:** $346K
- **Forgiven:** $349K (101%)
- **Forgiveness date:** 05/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $319K
- **Rent:** $27K
- **Jobs reported:** 31
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*