# PPP loan: FOREVER PROSPERITY, INC
> **$325K** approved 04/15/2020 · Exemption 4 · Loan `9887177109`
## Borrower
- **Name:** FOREVER PROSPERITY, INC
- **Address:** 500 N. Atlantic Blvd., #200, MONTEREY PARK, CA, 91754-7736
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $325K
- **Initial approval:** $325K
- **Forgiven:** $89K (27%)
- **Forgiveness date:** 07/06/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $244K
- **Rent:** $65K
- **Utilities:** $16K
- **Jobs reported:** 86
## Lender
- **Originating:** Royal Business Bank
- **Servicing:** Royal Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*