# PPP loan: GEORGE'S AT THE COVE, INC
> **$1.52M** approved 04/11/2020 · Paid in Full · Loan `3128887101`
## Borrower
- **Name:** GEORGE'S AT THE COVE, INC
- **Address:** 1250 PROSPECT ST, LA JOLLA, CA, 92037-3609
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.52M
- **Initial approval:** $1.52M
- **Forgiven:** $1.53M (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.36M
- **Rent:** $106K
- **Utilities:** $31K
- **Health care:** $30K
- **Jobs reported:** 175
## Lender
- **Originating:** CalPrivate Bank
- **Servicing:** CalPrivate Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*