# PPP loan: FORB
> **$247K** approved 04/30/2020 · Charged Off · Loan `6474057302`
## Borrower
- **Name:** FORB
- **Address:** 99 Pasadena Avenue, Suite 11, South Pasadena, CA, 91030
- **NAICS:** 448130
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $172K (70%)
- **Forgiveness date:** 06/17/2021
- **Status:** Charged Off
- **Term:** 5 months
## Use of funds
- **Payroll:** $247K
- **Jobs reported:** 11
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*