# PPP loan: MBKT CORP.
> **$1.03M** approved 04/15/2020 · Charged Off · Loan `9773637107`
## Borrower
- **Name:** MBKT CORP.
- **Address:** 2372 Qume Drive Suite-A, San Jose, CA, 95131
- **NAICS:** 453998
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.03M
- **Initial approval:** $1.39M
- **Forgiven:** $903K (88%)
- **Forgiveness date:** 01/24/2022
- **Status:** Charged Off
- **Term:** 6 months
## Use of funds
- **Payroll:** $1.03M
- **Jobs reported:** 80
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Customers Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*