# PPP loan: THE GROOMSMEN LLC
> **$705K** approved 04/10/2020 · Paid in Full · Loan `2050257105`
## Borrower
- **Name:** THE GROOMSMEN LLC
- **Address:** 175 E OLIVE AVE 2nd FLOOR, BURBANK, CA, 91502-1804
- **NAICS:** 711510
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $705K
- **Initial approval:** $705K
- **Forgiven:** $715K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $601K
- **Rent:** $31K
- **Utilities:** $1K
- **Health care:** $73K
- **Jobs reported:** 20
## 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*