# PPP loan: MGB KOREATOWN, LLC
> **$218K** approved 04/13/2020 · Paid in Full · Loan `5103707107`
## Borrower
- **Name:** MGB KOREATOWN, LLC
- **Address:** 1515 Marlborough Ave, Riverside, CA, 92507
- **NAICS:** 722513
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $218K
- **Initial approval:** $218K
- **Forgiven:** $220K (101%)
- **Forgiveness date:** 04/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $218K
- **Jobs reported:** 33
## Lender
- **Originating:** Live Oak Banking Company
- **Servicing:** Live Oak Banking Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*