# PPP loan: NICHOLAS THE LABEL LLC
> **$158K** approved 04/16/2020 · Exemption 4 · Loan `2383727200`
## Borrower
- **Name:** NICHOLAS THE LABEL LLC
- **Address:** 860 S LOS ANGELES ST, LOS ANGELES, CA, 90014-3303
- **NAICS:** 424330
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $158K
- **Initial approval:** $158K
- **Forgiven:** $120K (76%)
- **Forgiveness date:** 04/01/2024
- **Status:** Exemption 4
- **Term:** 24 months
## Use of funds
- **Payroll:** $158K
- **Jobs reported:** 7
## Lender
- **Originating:** Sunwest Bank
- **Servicing:** Sunwest Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*