# PPP loan: FOUNTAINHEAD RESTAURANT INC
> **$217K** approved 02/10/2021 · Exemption 4 · Loan `6178898407`
## Borrower
- **Name:** FOUNTAINHEAD RESTAURANT INC
- **Address:** 1000 Bristol St N Ste 11, Newport Beach, CA, 92660-8916
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $217K
- **Initial approval:** $217K
- **Forgiven:** $168K (77%)
- **Forgiveness date:** 06/09/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $217K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*