# PPP loan: BACKSTAGE STUDIO, INC
> **$283K** approved 04/16/2020 · Paid in Full · Loan `2589277202`
## Borrower
- **Name:** BACKSTAGE STUDIO, INC
- **Address:** 1550 N El Centro Ave Suite 1807, Los Angeles, CA, 90028
- **NAICS:** 525910
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $283K
- **Initial approval:** $283K
- **Forgiven:** $177K (63%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $283K
- **Jobs reported:** 6
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*