# PPP loan: J.C. CHANG & ASSOCIATES, INC.
> **$545K** approved 04/15/2020 · Paid in Full · Loan `1942487203`
## Borrower
- **Name:** J.C. CHANG & ASSOCIATES, INC.
- **Address:** 385 VAN NESS AVE Suite 208, TORRANCE, CA, 90501-6228
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $545K
- **Initial approval:** $545K
- **Forgiven:** $551K (101%)
- **Forgiveness date:** 05/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $511K
- **Rent:** $31K
- **Utilities:** $2K
- **Jobs reported:** 28
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*