# PPP loan: NEOPACIFIC HOLDINGS INC.
> **$250K** approved 02/09/2021 · Exemption 4 · Loan `5759468400`
## Borrower
- **Name:** NEOPACIFIC HOLDINGS INC.
- **Address:** 14940 Calvert St, Van Nuys, CA, 91411-2603
- **NAICS:** 326199
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $166K (66%)
- **Forgiveness date:** 06/29/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $250K
- **Utilities:** $1
- **Jobs reported:** 30
## 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*