# PPP loan: MONEY KING CHECK CASHING INC
> **$525K** approved 05/19/2020 · Paid in Full · Loan `8709387410`
## Borrower
- **Name:** MONEY KING CHECK CASHING INC
- **Address:** 2511 Lincoln Boulevard, Los Angeles, CA, 90291
- **NAICS:** 484110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $525K
- **Initial approval:** $525K
- **Forgiven:** $532K (101%)
- **Forgiveness date:** 09/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $394K
- **Rent:** $66K
- **Utilities:** $66K
- **Jobs reported:** 41
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*