# PPP loan: PALO ALTO EGG AND FOOD SERVICE CO INC
> **$537K** approved 01/26/2021 · Paid in Full · Loan `6025888305`
## Borrower
- **Name:** PALO ALTO EGG AND FOOD SERVICE CO INC
- **Address:** 6691 Clark Ave, Newark, CA, 94560-3925
- **NAICS:** 424440
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $537K
- **Initial approval:** $537K
- **Forgiven:** $541K (101%)
- **Forgiveness date:** 11/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $537K
- **Utilities:** $1
- **Jobs reported:** 42
## Lender
- **Originating:** Mechanics Bank
- **Servicing:** Mechanics Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*