# PPP loan: EL FAROLITO INCORPORATED
> **$226K** approved 07/27/2020 · Paid in Full · Loan `8750058109`
## Borrower
- **Name:** EL FAROLITO INCORPORATED
- **Address:** 201 S BRADFORD AVE., PLACENTIA, CA, 92870-5616
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $226K
- **Initial approval:** $226K
- **Forgiven:** $230K (102%)
- **Forgiveness date:** 02/10/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $226K
- **Jobs reported:** 38
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*