# PPP loan: THE ART OF TEA, LLC
> **$241K** approved 01/29/2021 · Paid in Full · Loan `8363988302`
## Borrower
- **Name:** THE ART OF TEA, LLC
- **Address:** 748 Monterey Pass Rd, Monterey Park, CA, 91754-3607
- **NAICS:** 311920
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $241K
- **Initial approval:** $241K
- **Forgiven:** $242K (100%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $241K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*