# PPP loan: KONGHAI LLC
> **$322K** approved 01/29/2021 · Paid in Full · Loan `8525328307`
## Borrower
- **Name:** KONGHAI LLC
- **Address:** 319 NE Thornton Pl, Seattle, WA, 98125-8020
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $322K
- **Initial approval:** $322K
- **Forgiven:** $325K (101%)
- **Forgiveness date:** 01/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $322K
- **Utilities:** $1
- **Jobs reported:** 56
## Lender
- **Originating:** Umpqua Bank
- **Servicing:** Umpqua Bank (OR)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*