# PPP loan: CHIC EVENTS INC
> **$422K** approved 02/22/2021 · Paid in Full · Loan `2785108506`
## Borrower
- **Name:** CHIC EVENTS INC
- **Address:** 485 Lighthouse Ave, Monterey, CA, 93940-1420
- **NAICS:** 532310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $422K
- **Initial approval:** $422K
- **Forgiven:** $424K (101%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $422K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*