# PPP loan: NAKATO INC
> **$501K** approved 04/28/2020 · Paid in Full · Loan `7896727209`
## Borrower
- **Name:** NAKATO INC
- **Address:** 1776 Cheshire Bridge Rd, ATLANTA, GA, 30324
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $501K
- **Initial approval:** $501K
- **Forgiven:** $506K (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $401K
- **Utilities:** $100K
- **Jobs reported:** 58
## Lender
- **Originating:** Ameris Bank
- **Servicing:** Ameris Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*