# PPP loan: GURU KNITS, INC.
> **$513K** approved 04/11/2020 · Paid in Full · Loan `3102547106`
## Borrower
- **Name:** GURU KNITS, INC.
- **Address:** 225 W. 38th Street, Los Angeles, CA, 90037-1405
- **NAICS:** 313240
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $513K
- **Initial approval:** $513K
- **Forgiven:** $520K (101%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $513K
- **Jobs reported:** 35
## Lender
- **Originating:** US Bank National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*