# PPP loan: GRAND WELCOME SERVICES INC.
> **$609K** approved 04/30/2020 · Paid in Full · Loan `5609347310`
## Borrower
- **Name:** GRAND WELCOME SERVICES INC.
- **Address:** 2601 AIRPORT DR STE 270, TORRANCE, CA, 90505-6138
- **NAICS:** 721199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $609K
- **Initial approval:** $747K
- **Forgiven:** $611K (100%)
- **Forgiveness date:** 05/05/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Utilities:** $609K
- **Jobs reported:** 31
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*