# PPP loan: BOILING POINT RESTAURANT (S. CA) INC
> **$1.61M** approved 02/22/2021 · Paid in Full · Loan `2670938508`
## Borrower
- **Name:** BOILING POINT RESTAURANT (S. CA) INC
- **Address:** 13668 Valley Blvd Unit C2, City of Industry, CA, 91746-2572
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.61M
- **Initial approval:** $1.61M
- **Forgiven:** $1.63M (101%)
- **Forgiveness date:** 05/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.61M
- **Utilities:** $1
- **Jobs reported:** 244
## 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*