# PPP loan: IWALA INC.
> **$276K** approved 02/08/2021 · Paid in Full · Loan `5318238406`
## Borrower
- **Name:** IWALA INC.
- **Address:** 220 5th Ave Fl 19, New York, NY, 10001-7792
- **NAICS:** 721110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $276K
- **Initial approval:** $276K
- **Forgiven:** $277K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $276K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** Royal Banks of Missouri
- **Servicing:** Royal Banks of Missouri (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*