# PPP loan: NEW ASIA FSE INC
> **$160K** approved 04/11/2020 · Paid in Full · Loan `3589637110`
## Borrower
- **Name:** NEW ASIA FSE INC
- **Address:** 3400 PECK RD, EL MONTE, CA, 91731-3222
- **NAICS:** 453998
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $163K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $130K
- **Rent:** $30K
- **Jobs reported:** 20
## Lender
- **Originating:** First General Bank
- **Servicing:** First General Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*