# PPP loan: BORREGO NAZARETH LLC
> **$491K** approved 04/28/2020 · Exemption 4 · Loan `8855687208`
## Borrower
- **Name:** BORREGO NAZARETH LLC
- **Address:** 1112 Tilting T Drive, BORREGO SPRINGS, CA, 92004
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $491K
- **Initial approval:** $491K
- **Forgiven:** $448K (91%)
- **Forgiveness date:** 09/14/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $393K
- **Utilities:** $98K
- **Jobs reported:** 60
## Lender
- **Originating:** Ameris Bank
- **Servicing:** Ameris Bank (GA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*