# PPP loan: EL GITANO RESTAURANT III INC
> **$224K** approved 01/25/2021 · Paid in Full · Loan `5587818303`
## Borrower
- **Name:** EL GITANO RESTAURANT III INC
- **Address:** 1125 E Sunset Dr, Bellingham, WA, 98226-1803
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $224K
- **Initial approval:** $224K
- **Forgiven:** $226K (101%)
- **Forgiveness date:** 04/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $224K
- **Utilities:** $1
- **Jobs reported:** 29
## Lender
- **Originating:** Heritage Bank
- **Servicing:** Heritage Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*