# PPP loan: OLU KAI LTD
> **$1.31M** approved 04/05/2020 · Exemption 4 · Loan `5422207009`
## Borrower
- **Name:** OLU KAI LTD
- **Address:** 75 5828 KAHAKAI RD, KAILUA KONA, HI, 96740-5308
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.31M
- **Initial approval:** $1.31M
- **Forgiven:** $754K (58%)
- **Forgiveness date:** 10/04/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.31M
- **Jobs reported:** 167
## Lender
- **Originating:** First Hawaiian Bank
- **Servicing:** First Hawaiian Bank (HI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*