# PPP loan: MJ GROUP, INC.
> **$485K** approved 04/29/2020 · Charged Off · Loan `4462347310`
## Borrower
- **Name:** MJ GROUP, INC.
- **Address:** 2425 OLYMPIC BLVD Suite 4000W #605, Santa Monica, CA, 90404-4099
- **NAICS:** 541512
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $485K
- **Initial approval:** $485K
- **Forgiven:** $432K (89%)
- **Forgiveness date:** 08/23/2022
- **Status:** Charged Off
- **Term:** 24 months
## Use of funds
- **Payroll:** $476K
- **Jobs reported:** 18
## Lender
- **Originating:** Harvest Small Business Finance, LLC
- **Servicing:** Harvest Small Business Finance, LLC (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*