# PPP loan: PORTO'S BAKERY INC.
> **$2.12M** approved 03/17/2021 · Paid in Full · Loan `3671118603`
## Borrower
- **Name:** PORTO'S BAKERY INC.
- **Address:** 315 N Brand Blvd, Glendale, CA, 91203-2303
- **NAICS:** 722515
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.12M
- **Initial approval:** $2.12M
- **Forgiven:** $2.14M (101%)
- **Forgiveness date:** 02/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.12M
- **Utilities:** $1
- **Jobs reported:** 342
## 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*