# PPP loan: BEFUN INC.
> **$227K** approved 02/13/2021 · Paid in Full · Loan `8163338410`
## Borrower
- **Name:** BEFUN INC.
- **Address:** 10460 Hickson St, El Monte, CA, 91731-1995
- **NAICS:** 424990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $227K
- **Initial approval:** $227K
- **Forgiven:** $229K (101%)
- **Forgiveness date:** 01/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $227K
- **Jobs reported:** 20
## Lender
- **Originating:** Cathay Bank
- **Servicing:** Cathay Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*