# PPP loan: EUSTACHE INSTITUTE, LLC
> **$180K** approved 05/21/2020 · Charged Off · Loan `1786987807`
## Borrower
- **Name:** EUSTACHE INSTITUTE, LLC
- **Address:** 2029 Century Park East, Los Angeles, CA, 90067-1906
- **NAICS:** 621111
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $169K (94%)
- **Forgiveness date:** 08/30/2021
- **Status:** Charged Off
- **Term:** 3 months
## Use of funds
- **Payroll:** $135K
- **Rent:** $23K
- **Utilities:** $23K
- **Jobs reported:** 5
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*