# PPP loan: NAPKIN RING INC THE
> **$201K** approved 03/18/2021 · Paid in Full · Loan `4602748605`
## Borrower
- **Name:** NAPKIN RING INC THE
- **Address:** 14496 Oak Pl, Saratoga, CA, 95070-5929
- **NAICS:** 722320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $201K
- **Initial approval:** $201K
- **Forgiven:** $203K (101%)
- **Forgiveness date:** 02/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $201K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*