# PPP loan: CHAPALA RESTAURANT INC.
> **$194K** approved 02/24/2021 · Paid in Full · Loan `3970908506`
## Borrower
- **Name:** CHAPALA RESTAURANT INC.
- **Address:** 15530 Old Columbia Pike, Burtonsville, MD, 20866-1672
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $196K (101%)
- **Forgiveness date:** 04/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $194K
- **Utilities:** $1
- **Jobs reported:** 19
## Lender
- **Originating:** Sandy Spring Bank
- **Servicing:** Sandy Spring Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*