# PPP loan: TORN & GLASSER, INC
> **$4.49M** approved 04/09/2020 · Paid in Full · Loan `1024467100`
## Borrower
- **Name:** TORN & GLASSER, INC
- **Address:** 1622 E OLYMPIC BLVD, LOS ANGELES, CA, 90021-1922
- **NAICS:** 311911
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.49M
- **Initial approval:** $4.49M
- **Forgiven:** $4.54M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.82M
- **Rent:** $449K
- **Utilities:** $224K
- **Jobs reported:** 377
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*