# PPP loan: CHOOLJIAN & SONS, INC.
> **$640K** approved 02/24/2021 · Paid in Full · Loan `3578758504`
## Borrower
- **Name:** CHOOLJIAN & SONS, INC.
- **Address:** 5287 S. Del Rey Ave., Del Rey, CA, 93616-9700
- **NAICS:** 311423
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $640K
- **Initial approval:** $640K
- **Forgiven:** $648K (101%)
- **Forgiveness date:** 05/31/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $640K
- **Utilities:** $1
- **Jobs reported:** 51
## Lender
- **Originating:** Community West Bank
- **Servicing:** Community West Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*