# PPP loan: KOKUA EDUCATION, INC.
> **$3.06M** approved 04/11/2020 · Exemption 4 · Loan `3617977105`
## Borrower
- **Name:** KOKUA EDUCATION, INC.
- **Address:** 73 W MONROE ST, CHICAGO, IL, 60603-4910
- **NAICS:** 611710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.06M
- **Initial approval:** $3.06M
- **Forgiven:** $1.90M (62%)
- **Forgiveness date:** 07/29/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $3.06M
- **Jobs reported:** 500
## Lender
- **Originating:** Coastal Community Bank
- **Servicing:** Coastal Community Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*