# PPP loan: FONG KAI USA INC
> **$469K** approved 05/01/2020 · Paid in Full · Loan `9020787308`
## Borrower
- **Name:** FONG KAI USA INC
- **Address:** 2525 CARTER DR, CARROLLTON, TX, 75006-1310
- **NAICS:** 332999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $469K
- **Initial approval:** $469K
- **Forgiven:** $472K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $469K
- **Jobs reported:** 57
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*