# PPP loan: STUDIO INSTRUMENT RENTALS INC
> **$524K** approved 05/04/2020 · Exemption 4 · Loan `1569067403`
## Borrower
- **Name:** STUDIO INSTRUMENT RENTALS INC
- **Address:** 6465 SUNSET BLVD, LOS ANGELES, CA, 90028
- **NAICS:** 532289
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $524K
- **Initial approval:** $524K
- **Forgiven:** $430K (82%)
- **Forgiveness date:** 01/24/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $524K
- **Jobs reported:** 47
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*