# PPP loan: ADVANCE BEAUTY COLLEGE INC.
> **$243K** approved 03/08/2021 · Paid in Full · Loan `8025718506`
## Borrower
- **Name:** ADVANCE BEAUTY COLLEGE INC.
- **Address:** 10121 Westminster Ave, Garden Grove, CA, 92843-4752
- **NAICS:** 611511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $243K
- **Initial approval:** $243K
- **Forgiven:** $247K (101%)
- **Forgiveness date:** 08/18/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $243K
- **Utilities:** $1
- **Jobs reported:** 50
## Lender
- **Originating:** Woori America Bank
- **Servicing:** Woori America Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*