# PPP loan: VERDE RESTAURANT HOLDINGS, INC.
> **$303K** approved 04/12/2020 · Paid in Full · Loan `4081677104`
## Borrower
- **Name:** VERDE RESTAURANT HOLDINGS, INC.
- **Address:** 730 Coleman Blvd Unit I, MOUNT PLEASANT, SC, 29464-4020
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $303K
- **Initial approval:** $303K
- **Forgiven:** $306K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $243K
- **Rent:** $30K
- **Utilities:** $30K
- **Jobs reported:** 75
## Lender
- **Originating:** Ameris Bank
- **Servicing:** Ameris Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*