# PPP loan: MBX FOUNDATION
> **$168K** approved 04/10/2021 · Paid in Full · Loan `1411908805`
## Borrower
- **Name:** MBX FOUNDATION
- **Address:** 1097 Aviation Blvd N/A, Hermosa Beach, CA, 90254-4023
- **NAICS:** 813211
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $168K
- **Initial approval:** $168K
- **Forgiven:** $170K (101%)
- **Forgiveness date:** 03/22/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $168K
- **Jobs reported:** 50
## Lender
- **Originating:** Customers Bank
- **Servicing:** Customers Bank (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*