# PPP loan: SOUTH BAY CORPORATION
> **$632K** approved 04/01/2021 · Paid in Full · Loan `4239688703`
## Borrower
- **Name:** SOUTH BAY CORPORATION
- **Address:** 723 S Glasgow Ave Ste C, Inglewood, CA, 90301-3019
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $632K
- **Initial approval:** $632K
- **Forgiven:** $637K (101%)
- **Forgiveness date:** 12/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $632K
- **Utilities:** $1
- **Jobs reported:** 80
## Lender
- **Originating:** Bank of Hope
- **Servicing:** Bank of Hope (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*