# PPP loan: AVILAS EL RANCHITO CORPORATION
> **$372K** approved 04/14/2020 · Paid in Full · Loan `6467857101`
## Borrower
- **Name:** AVILAS EL RANCHITO CORPORATION
- **Address:** 2101 PLACENTIA AVE, COSTA MESA, CA, 92627-3301
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $372K
- **Initial approval:** $372K
- **Forgiven:** $375K (101%)
- **Forgiveness date:** 05/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $319K
- **Rent:** $40K
- **Utilities:** $13K
- **Jobs reported:** 47
## Lender
- **Originating:** Sunwest Bank
- **Servicing:** Sunwest Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*