# PPP loan: GREBO RESTAURANTS INC
> **$175K** approved 01/29/2021 · Exemption 4 · Loan `7999798305`
## Borrower
- **Name:** GREBO RESTAURANTS INC
- **Address:** 1623 19th St, Bakersfield, CA, 93301-4310
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Forgiven:** $35K (20%)
- **Forgiveness date:** 10/27/2022
- **Status:** Exemption 4
- **Term:** 120 months
## Use of funds
- **Payroll:** $175K
- **Utilities:** $1
- **Jobs reported:** 38
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*