# PPP loan: KHATRI INC
> **$1.20M** approved 02/10/2021 · Paid in Full · Loan `6244458403`
## Borrower
- **Name:** KHATRI INC
- **Address:** 1608 Sunrise Ave Ste 6, Modesto, CA, 95350-4678
- **NAICS:** 721110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.20M
- **Initial approval:** $1.20M
- **Forgiven:** $1.22M (101%)
- **Forgiveness date:** 06/29/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.20M
- **Utilities:** $1
- **Jobs reported:** 156
## Lender
- **Originating:** Oak Valley Community Bank
- **Servicing:** Oak Valley Community Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*