# PPP loan: BURBANK LANCERS INC.
> **$421K** approved 03/18/2021 · Exemption 4 · Loan `4219188600`
## Borrower
- **Name:** BURBANK LANCERS INC.
- **Address:** 697 N Victory Blvd, Burbank, CA, 91502-1628
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $421K
- **Initial approval:** $421K
- **Forgiven:** $86K (20%)
- **Forgiveness date:** 05/09/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $421K
- **Utilities:** $1
- **Jobs reported:** 46
## Lender
- **Originating:** WebBank
- **Servicing:** Customers Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*