# PPP loan: BIC MANAGEMENT, INC.
> **$160K** approved 04/29/2020 · Paid in Full · Loan `2069957310`
## Borrower
- **Name:** BIC MANAGEMENT, INC.
- **Address:** 2934-1/2 Beverly Glen Circle #492, LOS ANGELES, CA, 90077
- **NAICS:** 531390
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $124K
- **Health care:** $36K
- **Jobs reported:** 23
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*