# PPP loan: MINGALABA INC
> **$226K** approved 06/11/2020 · Paid in Full · Loan `2111597902`
## Borrower
- **Name:** MINGALABA INC
- **Address:** 1213 Burlingame Avenue, Burlingame, CA, 94010-4107
- **NAICS:** 721199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $226K
- **Initial approval:** $226K
- **Forgiven:** $229K (101%)
- **Forgiveness date:** 08/13/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $170K
- **Rent:** $28K
- **Utilities:** $28K
- **Jobs reported:** 37
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*