# PPP loan: HONG LAN SERVICES INC
> **$150K** approved 04/14/2020 · Paid in Full · Loan `7736857105`
## Borrower
- **Name:** HONG LAN SERVICES INC
- **Address:** 9113 Bolsa Ave Suite 122, WESTMINSTER, CA, 92683-1303
- **NAICS:** 522320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $113K
- **Rent:** $28K
- **Utilities:** $10K
- **Jobs reported:** 37
## Lender
- **Originating:** Texas Capital Bank
- **Servicing:** Texas Capital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*