# PPP loan: STIMULATED INC.
> **$191K** approved 03/13/2021 · Exemption 4 · Loan `2166978608`
## Borrower
- **Name:** STIMULATED INC.
- **Address:** 1730 E Holly Ave # 770, El Segundo, CA, 90245-4404
- **NAICS:** 711130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $191K
- **Initial approval:** $191K
- **Forgiven:** $121K (64%)
- **Forgiveness date:** 07/05/2024
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $191K
- **Utilities:** $1
- **Jobs reported:** 5
## 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*