# PPP loan: DOUGLAS KONG
> **$250K** approved 01/27/2021 · Paid in Full · Loan `7040738309`
## Borrower
- **Name:** DOUGLAS KONG
- **Address:** 1620 Westwood Dr Ste A, San Jose, CA, 95125-5114
- **NAICS:** 621399
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $252K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $250K
- **Utilities:** $1
- **Jobs reported:** 26
## 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*