# PPP loan: MBS ASSET MANAGEMENT
> **$4.49M** approved 04/12/2020 · Paid in Full · Loan `3905727105`
## Borrower
- **Name:** MBS ASSET MANAGEMENT
- **Address:** 1600 Rosencranz Avenue, Manhattan Beach, CA, 90266
- **NAICS:** 532490
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.49M
- **Initial approval:** $4.49M
- **Forgiven:** $4.54M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.49M
- **Jobs reported:** 325
## 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*