# PPP loan: PLACE STORES
> **$485K** approved 04/16/2020 · Paid in Full · Loan `2660307202`
## Borrower
- **Name:** PLACE STORES
- **Address:** 5900 NOBLE AVE, VAN NUYS, CA, 91411-3025
- **NAICS:** 448110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $485K
- **Initial approval:** $485K
- **Forgiven:** $489K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $388K
- **Rent:** $87K
- **Utilities:** $4K
- **Health care:** $7K
- **Jobs reported:** 75
## Lender
- **Originating:** Banc of California
- **Servicing:** Banc of California (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*