# PPP loan: VICTOR B. ARMENTA CORP DBA MI RANCHITO RESTAURANT
> **$165K** approved 05/01/2020 · Paid in Full · Loan `9198817301`
## Borrower
- **Name:** VICTOR B. ARMENTA CORP DBA MI RANCHITO RESTAURANT
- **Address:** 1109 South State St., Orem, UT, 84097
- **NAICS:** 722511
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $165K
- **Initial approval:** $165K
- **Forgiven:** $168K (102%)
- **Forgiveness date:** 02/03/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $165K
- **Jobs reported:** 55
## Lender
- **Originating:** Kabbage, Inc.
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*