# PPP loan: FIRST ALLIANCE LLC.
> **$194K** approved 04/15/2020 · Charged Off · Loan `1097867201`
## Borrower
- **Name:** FIRST ALLIANCE LLC.
- **Address:** 11674 SAN BLVD, LOS ANGELES, CA, 90049
- **NAICS:** 541990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $35K (18%)
- **Forgiveness date:** 11/04/2021
- **Status:** Charged Off
- **Term:** 1 months
## Use of funds
- **Payroll:** $194K
- **Jobs reported:** 26
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*