# PPP loan: ALOHA RESTAURANTS INC
> **$943K** approved 05/01/2020 · Charged Off · Loan `6278477705`
## Borrower
- **Name:** ALOHA RESTAURANTS INC
- **Address:** 204 MAIN ST UNIT 960, NEWPORT BEACH, CA, 92661-1822
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $943K
- **Initial approval:** $49K
- **Forgiven:** $192K (20%)
- **Forgiveness date:** 01/03/2022
- **Status:** Charged Off
- **Term:** 1 months
## Use of funds
- **Payroll:** $943K
- **Jobs reported:** 140
## 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*