# PPP loan: LUXE-1408, INC.
> **$275K** approved 05/01/2020 · Paid in Full · Loan `3524287710`
## Borrower
- **Name:** LUXE-1408, INC.
- **Address:** 1408 Montana Avenue, Santa Monica, CA, 90403
- **NAICS:** 812112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $275K
- **Initial approval:** $275K
- **Forgiven:** $279K (101%)
- **Forgiveness date:** 10/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $206K
- **Rent:** $34K
- **Utilities:** $34K
- **Jobs reported:** 30
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*