# PPP loan: JINYA FRANCHISE INC
> **$431K** approved 04/16/2020 · Paid in Full · Loan `2312367202`
## Borrower
- **Name:** JINYA FRANCHISE INC
- **Address:** 3334 BURTON AVE, BURBANK, CA, 91504
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $431K
- **Initial approval:** $431K
- **Forgiven:** $437K (101%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $366K
- **Rent:** $30K
- **Utilities:** $15K
- **Health care:** $10K
- **Debt interest:** $10K
- **Jobs reported:** 21
## Lender
- **Originating:** Stearns Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*