# PPP loan: SARAYA USA, INC.
> **$706K** approved 04/15/2020 · Paid in Full · Loan `1492857209`
## Borrower
- **Name:** SARAYA USA, INC.
- **Address:** 553 E Timpanogos Circle BLDG G Suite 23, Orem, UT, 84097-6214
- **NAICS:** 311999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $706K
- **Initial approval:** $706K
- **Forgiven:** $715K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $644K
- **Rent:** $62K
- **Jobs reported:** 66
## 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*