# PPP loan: AUSTRALIAN FASHION LABELS LTD
> **$198K** approved 04/29/2020 · Charged Off · Loan `3227557309`
## Borrower
- **Name:** AUSTRALIAN FASHION LABELS LTD
- **Address:** 901 S BROADWAY UNIT 100, LOS ANGELES, CA, 90015-2484
- **NAICS:** 423910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $150K (76%)
- **Forgiveness date:** 04/04/2022
- **Status:** Charged Off
- **Term:** 3 months
## Use of funds
- **Payroll:** $198K
- **Jobs reported:** 17
## Lender
- **Originating:** HSBC Bank USA, National Association
- **Servicing:** HSBC Bank USA, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*