# PPP loan: HUNG TU INC
> **$179K** approved 06/23/2020 · Paid in Full · Loan `1969208000`
## Borrower
- **Name:** HUNG TU INC
- **Address:** 1488 UNIVERSITY AVE W, SAINT PAUL, MN, 55104-3901
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $179K
- **Initial approval:** $179K
- **Forgiven:** $178K (100%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $138K
- **Rent:** $32K
- **Utilities:** $9K
- **Jobs reported:** 24
## Lender
- **Originating:** Bridgewater Bank
- **Servicing:** Bridgewater Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*