# PPP loan: DEMAYO RESTAURANT GROUP
> **$311K** approved 04/04/2020 · Paid in Full · Loan `5042407008`
## Borrower
- **Name:** DEMAYO RESTAURANT GROUP
- **Address:** KIELY BLVD, SAN JOSE, CA, 95129-1300
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $311K
- **Initial approval:** $311K
- **Forgiven:** $314K (101%)
- **Forgiveness date:** 04/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $233K
- **Utilities:** $78K
- **Jobs reported:** 41
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*