# PPP loan: SOUTH BAY CORPORATION
> **$452K** approved 04/07/2020 · Paid in Full · Loan `7198747000`
## Borrower
- **Name:** SOUTH BAY CORPORATION
- **Address:** 723 S. GLASGOW AVE STE C, INGLEWOOD, CA, 90301-3011
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $452K
- **Initial approval:** $452K
- **Forgiven:** $455K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $339K
- **Health care:** $113K
- **Jobs reported:** 77
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*