# PPP loan: BAY VALLEY MORTGAGE GROUP
> **$1.35M** approved 04/27/2020 · Paid in Full · Loan `4925227208`
## Borrower
- **Name:** BAY VALLEY MORTGAGE GROUP
- **Address:** 7390 Lincoln Way, GARDEN GROVE, CA, 92841-1427
- **NAICS:** 522292
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.35M
- **Initial approval:** $2.01M
- **Forgiven:** $1.36M (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.08M
- **Rent:** $73K
- **Utilities:** $13K
- **Health care:** $75K
- **Debt interest:** $108K
- **Jobs reported:** 234
## Lender
- **Originating:** Open Bank
- **Servicing:** Open Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*