# PPP loan: LOS ANGELES APPAREL, INC
> **$2.50M** approved 04/29/2020 · Paid in Full · Loan `4525427308`
## Borrower
- **Name:** LOS ANGELES APPAREL, INC
- **Address:** 1020 E 59th St, Los Angeles, CA, 90001-1010
- **NAICS:** 315240
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.50M
- **Initial approval:** $2.50M
- **Forgiven:** $2.53M (101%)
- **Forgiveness date:** 07/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.50M
- **Jobs reported:** 485
## Lender
- **Originating:** Community Federal Savings Bank
- **Servicing:** Community Federal Savings Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*