# PPP loan: EC LOS ANGELES LANGUAGE CENTER, INC.
> **$181K** approved 05/06/2020 · Exemption 4 · Loan `2832217403`
## Borrower
- **Name:** EC LOS ANGELES LANGUAGE CENTER, INC.
- **Address:** 401 Wilshire Blvd Ste 200, SANTA MONICA, CA, 90401-1429
- **NAICS:** 611699
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $181K
- **Initial approval:** $181K
- **Forgiven:** $45K (25%)
- **Forgiveness date:** 11/04/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $181K
- **Jobs reported:** 24
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*