# PPP loan: GENWA INC.
> **$342K** approved 04/07/2020 · Paid in Full · Loan `7350827006`
## Borrower
- **Name:** GENWA INC.
- **Address:** 170 N LA CIENEGA BLVD, BEVERLY HILLS, CA, 90211-2207
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $342K
- **Initial approval:** $342K
- **Forgiven:** $346K (101%)
- **Forgiveness date:** 06/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $256K
- **Rent:** $80K
- **Utilities:** $4K
- **Debt interest:** $2K
- **Jobs reported:** 54
## Lender
- **Originating:** Open Bank
- **Servicing:** Open Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*