# PPP loan: CERENZIA FOODS, INC.
> **$628K** approved 04/04/2020 · Paid in Full · Loan `4681267005`
## Borrower
- **Name:** CERENZIA FOODS, INC.
- **Address:** 8585 WHITE OAK AVE, RANCHO CUCAMONGA, CA, 91730-5146
- **NAICS:** 424490
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $628K
- **Initial approval:** $628K
- **Forgiven:** $631K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $471K
- **Mortgage interest:** $93K
- **Utilities:** $39K
- **Health care:** $18K
- **Debt interest:** $7K
- **Jobs reported:** 40
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*