# PPP loan: PENINSULA CATERING & EVENTS INC
> **$560K** approved 04/03/2021 · Charged Off · Loan `6104558701`
## Borrower
- **Name:** PENINSULA CATERING & EVENTS INC
- **Address:** 2634 Spring St, Redwood City, CA, 94063-3522
- **NAICS:** 722320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $560K
- **Initial approval:** $560K
- **Forgiven:** $517K (92%)
- **Forgiveness date:** 10/25/2022
- **Status:** Charged Off
- **Term:** 39 months
## Use of funds
- **Payroll:** $560K
- **Utilities:** $1
- **Jobs reported:** 60
## Lender
- **Originating:** Republic Bank and Trust Company
- **Servicing:** Republic Bank & Trust Company (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*