# PPP loan: M & K TRADING
> **$407K** approved 04/08/2020 · Paid in Full · Loan `8314877007`
## Borrower
- **Name:** M & K TRADING
- **Address:** 3185 WASHINGTON BLVD, LOS ANGELES, CA, 90023-4223
- **NAICS:** 713910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $407K
- **Initial approval:** $407K
- **Forgiven:** $412K (101%)
- **Forgiveness date:** 05/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $305K
- **Rent:** $61K
- **Utilities:** $41K
- **Jobs reported:** 34
## Lender
- **Originating:** Open Bank
- **Servicing:** Open Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*