# PPP loan: CHI MANAGEMENT INC.
> **$896K** approved 04/28/2020 · Paid in Full · Loan `1418177306`
## Borrower
- **Name:** CHI MANAGEMENT INC.
- **Address:** 4368 SPYRES WAY, MODESTO, CA, 95356
- **NAICS:** 561110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $896K
- **Initial approval:** $896K
- **Forgiven:** $901K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $656K
- **Rent:** $145K
- **Utilities:** $38K
- **Health care:** $58K
- **Jobs reported:** 89
## Lender
- **Originating:** Bank of Stockton
- **Servicing:** Bank of Stockton (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*