# PPP loan: NEW TAIWAN TRADING CORPORATION
> **$324K** approved 05/15/2020 · Paid in Full · Loan `7040477405`
## Borrower
- **Name:** NEW TAIWAN TRADING CORPORATION
- **Address:** 4340 BALDWIN AVE, EL MONTE, CA, 91731-1104
- **NAICS:** 423850
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $324K
- **Initial approval:** $324K
- **Forgiven:** $327K (101%)
- **Forgiveness date:** 05/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $324K
- **Jobs reported:** 38
## Lender
- **Originating:** East West Bank
- **Servicing:** East West Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*