# PPP loan: GEN KAI JAPANESE RESTAURANT INC
> **$246K** approved 02/03/2021 · Paid in Full · Loan `2243988409`
## Borrower
- **Name:** GEN KAI JAPANESE RESTAURANT INC
- **Address:** 34143 Pacific Coast Hwy, Dana Point, CA, 92629-2808
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $246K
- **Initial approval:** $246K
- **Forgiven:** $250K (102%)
- **Forgiveness date:** 11/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $246K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** Commonwealth Business Bank
- **Servicing:** Commonwealth Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*