# PPP loan: WEINGART CENTER ASSOCIATION
> **$1.45M** approved 04/03/2020 · Exemption 4 · Loan `4496697003`
## Borrower
- **Name:** WEINGART CENTER ASSOCIATION
- **Address:** 566 S SAN PEDRO ST, LOS ANGELES, CA, 90013-2102
- **NAICS:** 813990
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.45M
- **Initial approval:** $1.65M
- **Forgiven:** $574K (40%)
- **Forgiveness date:** 09/23/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.45M
- **Jobs reported:** 160
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*