# PPP loan: THE LIBRARY FOUNDATION OF LOS ANGELES
> **$491K** approved 04/10/2020 · Paid in Full · Loan `2521607100`
## Borrower
- **Name:** THE LIBRARY FOUNDATION OF LOS ANGELES
- **Address:** 630 W.  5TH ST, LOS ANGELES, CA, 90071-2002
- **NAICS:** 813211
- **Business type:** 501(c)3 ¿ Non Profit
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $491K
- **Initial approval:** $491K
- **Forgiven:** $496K (101%)
- **Forgiveness date:** 05/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $427K
- **Health care:** $64K
- **Jobs reported:** 36
## 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*