# PPP loan: AMERICA CHUNG NAM, INC.
> **$1.27M** approved 04/05/2020 · Paid in Full · Loan `5210597008`
## Borrower
- **Name:** AMERICA CHUNG NAM, INC.
- **Address:** 1163 FAIRWAY DR, City of Industry, CA, 91789-2834
- **NAICS:** 423930
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.27M
- **Initial approval:** $1.27M
- **Forgiven:** $1.29M (101%)
- **Forgiveness date:** 07/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $953K
- **Rent:** $254K
- **Utilities:** $64K
- **Jobs reported:** 105
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*