# PPP loan: KOREAN FARM INC
> **$487K** approved 04/07/2020 · Paid in Full · Loan `7511567002`
## Borrower
- **Name:** KOREAN FARM INC
- **Address:** 12500 SLAUSON AVE #B1A, SANTA FE SPRINGS, CA, 90670-2631
- **NAICS:** 424490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $487K
- **Initial approval:** $488K
- **Forgiven:** $492K (101%)
- **Forgiveness date:** 05/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $487K
- **Jobs reported:** 44
## Lender
- **Originating:** Bank of Hope
- **Servicing:** Bank of Hope (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*