# PPP loan: TORO ENTERPRISES, INC.
> **$4.25M** approved 04/27/2020 · Paid in Full · Loan `4561627208`
## Borrower
- **Name:** TORO ENTERPRISES, INC.
- **Address:** 2101 Ventura Blvd, Oxnard, CA, 93031
- **NAICS:** 238110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.25M
- **Initial approval:** $4.25M
- **Forgiven:** $4.31M (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.25M
- **Jobs reported:** 250
## Lender
- **Originating:** Mechanics Bank
- **Servicing:** Mechanics Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*