# PPP loan: LA MEDITERRANEE III INC.
> **$300K** approved 03/24/2021 · Paid in Full · Loan `7601648601`
## Borrower
- **Name:** LA MEDITERRANEE III INC.
- **Address:** 2936 College Ave, Berkeley, CA, 94705-2204
- **NAICS:** 722515
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $302K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $300K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*