# PPP loan: ONE TOUCH SOLUTIONS INC.
> **$251K** approved 02/13/2021 · Exemption 4 · Loan `8488048404`
## Borrower
- **Name:** ONE TOUCH SOLUTIONS INC.
- **Address:** 370 Amapola Ave Ste 106, Torrance, CA, 90501-7241
- **NAICS:** 532420
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $251K
- **Initial approval:** $251K
- **Forgiven:** $218K (87%)
- **Forgiveness date:** 05/12/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $251K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*