# PPP loan: LOS ANGELES CLEANTECH INCUBATOR
> **$600K** approved 01/16/2021 · Paid in Full · Loan `1265618301`
## Borrower
- **Name:** LOS ANGELES CLEANTECH INCUBATOR
- **Address:** 525 S Hewitt St, Los Angeles, CA, 90013-2217
- **NAICS:** 541618
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $600K
- **Initial approval:** $600K
- **Forgiven:** $603K (101%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $600K
- **Utilities:** $1
- **Jobs reported:** 43
## Lender
- **Originating:** Beneficial State Bank
- **Servicing:** Beneficial State Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*