# PPP loan: FOREVERNOTE INC.
> **$166K** approved 06/29/2020 · Exemption 4 · Loan `5753298004`
## Borrower
- **Name:** FOREVERNOTE INC.
- **Address:** 2800 28TH ST #302, SANTA MONICA, CA, 90405-2904
- **NAICS:** 454390
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $166K
- **Initial approval:** $166K
- **Forgiven:** $71K (43%)
- **Forgiveness date:** 11/03/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $166K
- **Jobs reported:** 8
## Lender
- **Originating:** Hanmi Bank
- **Servicing:** Hanmi Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*