# PPP loan: HYFVE INC.
> **$300K** approved 04/08/2020 · Paid in Full · Loan `8815577009`
## Borrower
- **Name:** HYFVE INC.
- **Address:** 5808 Wilmington Avenue, Vernon, CA, 90058-3830
- **NAICS:** 424330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $304K (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $140K
- **Rent:** $160K
- **Jobs reported:** 22
## 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*