# PPP loan: L B L EQUIPMENT REPAIR
> **$182K** approved 04/29/2020 · Paid in Full · Loan `4084807308`
## Borrower
- **Name:** L B L EQUIPMENT REPAIR
- **Address:** 4755 E LOS ANGELES AVE, SOMIS, CA, 93066-9732
- **NAICS:** 541611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $182K
- **Initial approval:** $182K
- **Forgiven:** $184K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $140K
- **Rent:** $22K
- **Utilities:** $3K
- **Health care:** $17K
- **Jobs reported:** 12
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*