# PPP loan: CHOMP BURGERS FRIES SHAKES INC.
> **$162K** approved 01/20/2021 · Paid in Full · Loan `2397088304`
## Borrower
- **Name:** CHOMP BURGERS FRIES SHAKES INC.
- **Address:** 1693 Mission Dr, Solvang, CA, 93463-2635
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $163K (101%)
- **Forgiveness date:** 12/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $162K
- **Utilities:** $1
- **Jobs reported:** 35
## Lender
- **Originating:** Montecito Bank & Trust
- **Servicing:** Montecito Bank & Trust (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*