# PPP loan: THE CARMEL RESTAURANT GROUP INC
> **$538K** approved 04/29/2020 · Paid in Full · Loan `4618087301`
## Borrower
- **Name:** THE CARMEL RESTAURANT GROUP INC
- **Address:** NE Corner of Mission and 6th Street, CARMEL BY THE SEA, CA, 93921-0440
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $538K
- **Initial approval:** $538K
- **Forgiven:** $543K (101%)
- **Forgiveness date:** 05/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $538K
- **Jobs reported:** 49
## Lender
- **Originating:** Pacific Valley Bank
- **Servicing:** Pacific Valley Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*