# PPP loan: SONG CHUAN USA INC
> **$382K** approved 05/01/2020 · Charged Off · Loan `4742397700`
## Borrower
- **Name:** SONG CHUAN USA INC
- **Address:** 2841 CENTER PORT CIRCLE, POMPANO BEACH, FL, 33064
- **NAICS:** 423690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $382K
- **Initial approval:** $382K
- **Forgiven:** $353K (92%)
- **Forgiveness date:** 05/26/2022
- **Status:** Charged Off
- **Term:** 5 months
## Use of funds
- **Payroll:** $382K
- **Jobs reported:** 17
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*