# PPP loan: KYLE LTD.
> **$173K** approved 05/01/2020 · Charged Off · Loan `2742337705`
## Borrower
- **Name:** KYLE LTD.
- **Address:** 10000 SANTA MONICA BLVD UNIT 2605, LOS ANGELES, CA, 90067
- **NAICS:** 424320
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $173K
- **Initial approval:** $173K
- **Forgiven:** $132K (76%)
- **Forgiveness date:** 11/01/2021
- **Status:** Charged Off
- **Term:** 2 months
## Use of funds
- **Payroll:** $159K
- **Rent:** $14K
- **Jobs reported:** 90
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*