# PPP loan: CHIN LLC
> **$196K** approved 02/26/2021 · Exemption 4 · Loan `5008488503`
## Borrower
- **Name:** CHIN LLC
- **Address:** 2333 W North Temple, Salt Lake City, UT, 84116-2915
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $196K
- **Initial approval:** $196K
- **Forgiven:** $13K (6%)
- **Forgiveness date:** 04/19/2022
- **Status:** Exemption 4
- **Term:** 73 months
## Use of funds
- **Payroll:** $196K
- **Utilities:** $1
- **Jobs reported:** 34
## Lender
- **Originating:** Bank of Utah
- **Servicing:** Bank of Utah (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*