# PPP loan: HONHAI INC.
> **$154K** approved 01/20/2021 · Paid in Full · Loan `2035608308`
## Borrower
- **Name:** HONHAI INC.
- **Address:** 1202 Chapala St, Santa Barbara, CA, 93101-3116
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Forgiven:** $155K (101%)
- **Forgiveness date:** 11/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $153K
- **Utilities:** $1
- **Jobs reported:** 10
## Lender
- **Originating:** Montecito Bank & Trust
- **Servicing:** Montecito Bank & Trust (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*