# PPP loan: THE RANCH MALIBU VENTURE 1
> **$160K** approved 05/01/2020 · Paid in Full · Loan `8148507310`
## Borrower
- **Name:** THE RANCH MALIBU VENTURE 1
- **Address:** 327 LATIGO CANYON RD, MALIBU, CA, 90265-2708
- **NAICS:** 621420
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Jobs reported:** 29
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*