# PPP loan: TONIC WHOLESALE, INC.
> **$293K** approved 04/28/2020 · Paid in Full · Loan `7740767203`
## Borrower
- **Name:** TONIC WHOLESALE, INC.
- **Address:** 1675 S. Alameda St., Los Angeles, CA, 90021
- **NAICS:** 424410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $293K
- **Initial approval:** $315K
- **Forgiven:** $297K (101%)
- **Forgiveness date:** 08/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $293K
- **Jobs reported:** 27
## Lender
- **Originating:** Hanmi Bank
- **Servicing:** Hanmi Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*