# PPP loan: KOPENTECH
> **$285K** approved 05/01/2020 · Charged Off · Loan `7025207701`
## Borrower
- **Name:** KOPENTECH
- **Address:** 10880 Wilshire Blvd 1100, Los Angeles, CA, 90024
- **NAICS:** —
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $285K
- **Initial approval:** $285K
- **Forgiven:** $237K (83%)
- **Forgiveness date:** 06/14/2022
- **Status:** Charged Off
- **Term:** 28 months
## Use of funds
- **Payroll:** $285K
- **Jobs reported:** 11
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*