# PPP loan: FORBES MEDIA LLC
> **$8.04M** approved 04/15/2020 · Paid in Full · Loan `2029867204`
## Borrower
- **Name:** FORBES MEDIA LLC
- **Address:** 499 Washington Blvd, JERSEY CITY, NJ, 07310-1995
- **NAICS:** 519130
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $8.04M
- **Initial approval:** $8.04M
- **Forgiven:** $8.13M (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.96M
- **Rent:** $930K
- **Utilities:** $150K
- **Jobs reported:** 400
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*