# PPP loan: MJC CONNECTION INC.
> **$302K** approved 04/27/2020 · Paid in Full · Loan `4614897202`
## Borrower
- **Name:** MJC CONNECTION INC.
- **Address:** 2821 S. OLIVE ST, LOS ANGELES, CA, 90007-3339
- **NAICS:** 424330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $302K
- **Initial approval:** $365K
- **Forgiven:** $305K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $234K
- **Rent:** $60K
- **Utilities:** $8K
- **Jobs reported:** 35
## Lender
- **Originating:** Open Bank
- **Servicing:** Open Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*