# PPP loan: KAVESH MINOR & OTIS INC
> **$175K** approved 03/06/2021 · Paid in Full · Loan `7502038502`
## Borrower
- **Name:** KAVESH MINOR & OTIS INC
- **Address:** 990 W 190th St Ste 500, Torrance, CA, 90502-4469
- **NAICS:** 541110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Forgiven:** $176K (101%)
- **Forgiveness date:** 11/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $175K
- **Jobs reported:** 8
## Lender
- **Originating:** Farmers & Merchants Bank of Long Beach
- **Servicing:** Farmers & Merchants Bank of Long Beach (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*