# PPP loan: HOTCAKES INC
> **$329K** approved 02/06/2021 · Paid in Full · Loan `4240698409`
## Borrower
- **Name:** HOTCAKES INC
- **Address:** 4510 E Pacific Coast Hwy Ste 290, Long Beach, CA, 90804-6934
- **NAICS:** 541611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $329K
- **Initial approval:** $329K
- **Forgiven:** $332K (101%)
- **Forgiveness date:** 04/04/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $329K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** Community Federal Savings Bank
- **Servicing:** Community Federal Savings Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*