# PPP loan: AMI/COAST MAGNETICS INC
> **$360K** approved 06/10/2020 · Paid in Full · Loan `1409947909`
## Borrower
- **Name:** AMI/COAST MAGNETICS INC
- **Address:** 5333 W WASHINGTON BLVD, LOS ANGELES, CA, 90016-1128
- **NAICS:** 332999
- **Business type:** Sole Proprietorship
- **Business age:** Unanswered
## Loan
- **Approval amount:** $360K
- **Initial approval:** $360K
- **Forgiven:** $363K (101%)
- **Forgiveness date:** 03/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $360K
- **Jobs reported:** 47
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*