# PPP loan: WILMA'S PATIO RESTAURANT, INC.
> **$280K** approved 04/08/2020 · Paid in Full · Loan `8781837005`
## Borrower
- **Name:** WILMA'S PATIO RESTAURANT, INC.
- **Address:** 203 MARINE AVE, NEWPORT BEACH, CA, 92662-1203
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $280K
- **Initial approval:** $280K
- **Forgiven:** $283K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $233K
- **Rent:** $12K
- **Utilities:** $35K
- **Jobs reported:** 44
## Lender
- **Originating:** GBC International Bank
- **Servicing:** GBC International Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*