# PPP loan: VARUN TEXTILES INC
> **$169K** approved 05/03/2020 · Paid in Full · Loan `9977757306`
## Borrower
- **Name:** VARUN TEXTILES INC
- **Address:** 117 W 9TH ST STE 520, LOS ANGELES, CA, 90015-1517
- **NAICS:** 314999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $169K
- **Initial approval:** $24K
- **Forgiven:** $26K (15%)
- **Forgiveness date:** 03/10/2023
- **Status:** Paid in Full
- **Term:** 120 months
## Use of funds
- **Payroll:** $169K
- **Jobs reported:** 7
## 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*