# PPP loan: TC 2 DOWNTOWN LA LLC
> **$464K** approved 05/03/2020 · Charged Off · Loan `1096807410`
## Borrower
- **Name:** TC 2 DOWNTOWN LA LLC
- **Address:** 802 S. SPRING STREET 802 S SPRING STREET, LOS ANGELES, CA, 90014
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $464K
- **Initial approval:** $464K
- **Forgiven:** $230K (50%)
- **Forgiveness date:** 08/29/2022
- **Status:** Charged Off
- **Term:** 7 months
## Use of funds
- **Payroll:** $464K
- **Jobs reported:** 90
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*