# PPP loan: UNIVERSAL PROMOTE, INC.
> **$749K** approved 04/29/2020 · Paid in Full · Loan `4416977310`
## Borrower
- **Name:** UNIVERSAL PROMOTE, INC.
- **Address:** 5405 WILSHIRE BLVD, 2nd Floor, LOS ANGELES, CA, 90036-4203
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $749K
- **Initial approval:** $749K
- **Forgiven:** $756K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $562K
- **Utilities:** $187K
- **Jobs reported:** 47
## Lender
- **Originating:** California Bank of Commerce, NA
- **Servicing:** California Bank of Commerce, NA (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*