# PPP loan: LASERGRAPHICS, INC.
> **$249K** approved 04/10/2020 · Paid in Full · Loan `2133447109`
## Borrower
- **Name:** LASERGRAPHICS, INC.
- **Address:** 20 ADA, IRVINE, CA, 92618-2303
- **NAICS:** 334118
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $249K
- **Initial approval:** $249K
- **Forgiven:** $252K (101%)
- **Forgiveness date:** 05/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $227K
- **Utilities:** $5K
- **Health care:** $17K
- **Jobs reported:** 20
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*