# PPP loan: ONG'S RESTAURANT GROUP INC.
> **$504K** approved 04/09/2020 · Paid in Full · Loan `1040527105`
## Borrower
- **Name:** ONG'S RESTAURANT GROUP INC.
- **Address:** 664 Broadway Suite E, Chula Vista, CA, 91911
- **NAICS:** 722513
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $504K
- **Initial approval:** $504K
- **Forgiven:** $513K (102%)
- **Forgiveness date:** 12/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $404K
- **Rent:** $91K
- **Utilities:** $10K
- **Jobs reported:** 112
## Lender
- **Originating:** Axos Bank
- **Servicing:** Axos Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*