# PPP loan: NEW KRUNGTHAI CORPORATION
> **$493K** approved 01/28/2021 · Paid in Full · Loan `7586988305`
## Borrower
- **Name:** NEW KRUNGTHAI CORPORATION
- **Address:** 580 N Winchester Blvd, San Jose, CA, 95128-1530
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $493K
- **Initial approval:** $493K
- **Forgiven:** $499K (101%)
- **Forgiveness date:** 04/27/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $493K
- **Utilities:** $1
- **Jobs reported:** 40
## Lender
- **Originating:** Santa Cruz County Bank
- **Servicing:** Santa Cruz County Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*