# PPP loan: KING'S SWIM ACADEMY, INC.
> **$377K** approved 06/25/2020 · Paid in Full · Loan `4314738009`
## Borrower
- **Name:** KING'S SWIM ACADEMY, INC.
- **Address:** 1119 Industrial Rd, SAN CARLOS, CA, 94070-4106
- **NAICS:** 611620
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $377K
- **Initial approval:** $377K
- **Forgiven:** $381K (101%)
- **Forgiveness date:** 05/18/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $270K
- **Rent:** $57K
- **Utilities:** $10K
- **Health care:** $30K
- **Jobs reported:** 29
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*