# PPP loan: AVILAS EL RANCHITO CORPORATION
> **$518K** approved 02/05/2021 · Paid in Full · Loan `3982018409`
## Borrower
- **Name:** AVILAS EL RANCHITO CORPORATION
- **Address:** 2101 Placentia Ave, Costa Mesa, CA, 92627-3301
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $518K
- **Initial approval:** $518K
- **Forgiven:** $523K (101%)
- **Forgiveness date:** 03/16/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $518K
- **Utilities:** $1
- **Jobs reported:** 43
## Lender
- **Originating:** Sunwest Bank
- **Servicing:** Sunwest Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*