# PPP loan: HONG CHANG CORPORATION
> **$328K** approved 03/15/2021 · Paid in Full · Loan `2609318609`
## Borrower
- **Name:** HONG CHANG CORPORATION
- **Address:** 10155 Painter Ave, Santa Fe Springs, CA, 90670-3017
- **NAICS:** 424420
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $328K
- **Initial approval:** $328K
- **Forgiven:** $331K (101%)
- **Forgiveness date:** 01/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $328K
- **Utilities:** $1
- **Jobs reported:** 33
## Lender
- **Originating:** East West Bank
- **Servicing:** East West Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*