# PPP loan: KOBAI, INC.
> **$167K** approved 04/15/2020 · Paid in Full · Loan `1074117207`
## Borrower
- **Name:** KOBAI, INC.
- **Address:** 4305 Hacienda Drive Suite 370, Pleasanton, CA, 94588
- **NAICS:** 518210
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $167K
- **Initial approval:** $167K
- **Forgiven:** $148K (89%)
- **Forgiveness date:** 02/28/2024
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $156K
- **Rent:** $10K
- **Utilities:** $1K
- **Jobs reported:** 8
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*