# PPP loan: GUITTARD CHOCOLATE HOLDINGS CO
> **$7.26M** approved 05/01/2020 · Exemption 4 · Loan `4480527701`
## Borrower
- **Name:** GUITTARD CHOCOLATE HOLDINGS CO
- **Address:** 10 GUITTARD RD., BURLINGAME, CA, 94010
- **NAICS:** 311351
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $7.26M
- **Initial approval:** $7.26M
- **Forgiven:** $6.13M (84%)
- **Forgiveness date:** 01/20/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $7.26M
- **Jobs reported:** 265
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*