# PPP loan: CONRADS RESTAURANT INC
> **$250K** approved 04/12/2020 · Charged Off · Loan `3962027103`
## Borrower
- **Name:** CONRADS RESTAURANT INC
- **Address:** 820 N Central Ave, GLENDALE, CA, 91203-1204
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $86K (34%)
- **Forgiveness date:** 07/08/2021
- **Status:** Charged Off
- **Term:** 6 months
## Use of funds
- **Payroll:** $250K
- **Jobs reported:** 34
## Lender
- **Originating:** Farmers & Merchants Bank of Long Beach
- **Servicing:** Farmers & Merchants Bank of Long Beach (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*