# PPP loan: ALBA RESTAURANT SERVICES, INC.
> **$300K** approved 07/14/2020 · Paid in Full · Loan `3479508101`
## Borrower
- **Name:** ALBA RESTAURANT SERVICES, INC.
- **Address:** 14109 WINCHESTER BLVD, LOS GATOS, CA, 95032
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $302K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $244K
- **Rent:** $40K
- **Utilities:** $16K
- **Jobs reported:** 11
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*