# PPP loan: LION'S PARTNERS INSURANCE AGENCY, INC.
> **$198K** approved 05/01/2020 · Paid in Full · Loan `2972477707`
## Borrower
- **Name:** LION'S PARTNERS INSURANCE AGENCY, INC.
- **Address:** 101 N BRAND BLVD SUITE 1850, Glendale, CA, 91205
- **NAICS:** 524210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $62K (31%)
- **Forgiveness date:** 09/12/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $121K
- **Rent:** $53K
- **Mortgage interest:** $7K
- **Utilities:** $14K
- **Health care:** $2K
- **Debt interest:** $2K
- **Jobs reported:** 6
## 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*