# PPP loan: MEDITERRANEO, LLC
> **$153K** approved 04/27/2020 · Paid in Full · Loan `3985317208`
## Borrower
- **Name:** MEDITERRANEO, LLC
- **Address:** 700 Cottageview Dr. Ste #100, Traverse City, MI, 49684-2627
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $153K
- **Initial approval:** $153K
- **Forgiven:** $154K (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $129K
- **Rent:** $18K
- **Mortgage interest:** $1K
- **Utilities:** $4K
- **Jobs reported:** 23
## Lender
- **Originating:** First Community Bank
- **Servicing:** First Community Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*