# PPP loan: CHENGDU LAOZAO HOTPOT CORP
> **$207K** approved 03/13/2021 · Paid in Full · Loan `1489658606`
## Borrower
- **Name:** CHENGDU LAOZAO HOTPOT CORP
- **Address:** 4230 Barranca Pkwy, Irvine, CA, 92604-4741
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $207K
- **Initial approval:** $207K
- **Forgiven:** $210K (101%)
- **Forgiveness date:** 06/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $207K
- **Utilities:** $1
- **Jobs reported:** 50
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*