# PPP loan: SIERRA MONTEREY RESTAURANT SYSTEMS INC
> **$280K** approved 04/14/2020 · Paid in Full · Loan `5987017106`
## Borrower
- **Name:** SIERRA MONTEREY RESTAURANT SYSTEMS INC
- **Address:** 4655 LONGLEY LN STE 105, RENO, NV, 89502
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $280K
- **Initial approval:** $280K
- **Forgiven:** $281K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $210K
- **Rent:** $70K
- **Jobs reported:** 101
## Lender
- **Originating:** Lake Forest Bank & Trust Company, National Association
- **Servicing:** Lake Forest Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*