# PPP loan: DIAMOND & ELIAS RESTAURANTS INC.
> **$351K** approved 02/04/2021 · Exemption 4 · Loan `3167428407`
## Borrower
- **Name:** DIAMOND & ELIAS RESTAURANTS INC.
- **Address:** 1714 N Vermont Ave, Los Angeles, CA, 90027-4306
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $351K
- **Initial approval:** $351K
- **Forgiven:** $68K (19%)
- **Forgiveness date:** 01/06/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $351K
- **Utilities:** $1
- **Jobs reported:** 44
## Lender
- **Originating:** California Bank of Commerce, NA
- **Servicing:** California Bank of Commerce, NA (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*