# PPP loan: 7156 FORMOSA, LLC
> **$234K** approved 04/15/2020 · Paid in Full · Loan `2051367203`
## Borrower
- **Name:** 7156 FORMOSA, LLC
- **Address:** 7156 SANTA MONICA BLVD, WEST HOLLYWOOD, CA, 90046-5802
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $234K
- **Initial approval:** $234K
- **Forgiven:** $237K (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $192K
- **Mortgage interest:** $40K
- **Utilities:** $2K
- **Jobs reported:** 70
## Lender
- **Originating:** Banc of California
- **Servicing:** Banc of California (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*