# PPP loan: FRANKLIN WIRELESS CORP
> **$487K** approved 04/29/2020 · Paid in Full · Loan `4082257305`
## Borrower
- **Name:** FRANKLIN WIRELESS CORP
- **Address:** 9707 WAPLES ST 150, SAN DIEGO, CA, 92121-2954
- **NAICS:** 334220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $487K
- **Initial approval:** $487K
- **Forgiven:** $490K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $413K
- **Rent:** $54K
- **Utilities:** $20K
- **Jobs reported:** 27
## Lender
- **Originating:** Shinhan Bank America
- **Servicing:** Shinhan Bank America (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*