# PPP loan: NATIONAL SALES CORPORATION
> **$627K** approved 04/13/2020 · Paid in Full · Loan `4172957100`
## Borrower
- **Name:** NATIONAL SALES CORPORATION
- **Address:** 7250 OXFORD WAY, COMMERCE, CA, 90040-3643
- **NAICS:** 424410
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $627K
- **Initial approval:** $627K
- **Forgiven:** $631K (101%)
- **Forgiveness date:** 12/16/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $519K
- **Rent:** $104K
- **Utilities:** $4K
- **Jobs reported:** 48
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*