# PPP loan: FOODA, INC.
> **$5.70M** approved 04/08/2020 · Paid in Full · Loan `8412317007`
## Borrower
- **Name:** FOODA, INC.
- **Address:** 255 W RANDOLPH ST STE 1700, CHICAGO, IL, 60606-1864
- **NAICS:** 722330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.70M
- **Initial approval:** $5.70M
- **Forgiven:** $5.76M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.14M
- **Rent:** $240K
- **Debt interest:** $320K
- **Jobs reported:** 455
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*