# PPP loan: NAM SONG DEVELOPMENT INC
> **$160K** approved 02/12/2021 · Paid in Full · Loan `7688728407`
## Borrower
- **Name:** NAM SONG DEVELOPMENT INC
- **Address:** 1145 S Western Ave, Los Angeles, CA, 90006-2314
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 06/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $160K
- **Utilities:** $1
- **Jobs reported:** 17
## 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*