# PPP loan: BALBOA BAY CLUB VENTURES LLC
> **$2.00M** approved 04/30/2021 · Paid in Full · Loan `5357698908`
## Borrower
- **Name:** BALBOA BAY CLUB VENTURES LLC
- **Address:** 1221 W Coast Hwy, Newport Beach, CA, 92663-5026
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.01M (100%)
- **Forgiveness date:** 09/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 240
## Lender
- **Originating:** Farmers & Merchants Bank of Long Beach
- **Servicing:** Farmers & Merchants Bank of Long Beach (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*