# PPP loan: KING CHEESE CORPORATION
> **$1.15M** approved 05/01/2020 · Paid in Full · Loan `1065547706`
## Borrower
- **Name:** KING CHEESE CORPORATION
- **Address:** 229 Railroad Ave., MONROVIA, CA, 91016
- **NAICS:** 424430
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.15M
- **Initial approval:** $1.16M
- **Forgiven:** $1.17M (102%)
- **Forgiveness date:** 04/18/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $459K
- **Rent:** $239K
- **Utilities:** $217K
- **Health care:** $234K
- **Jobs reported:** 45
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*