# PPP loan: THE MUSEUM OF CONTEMPORARY ART
> **$1.72M** approved 02/07/2021 · Paid in Full · Loan `4855288400`
## Borrower
- **Name:** THE MUSEUM OF CONTEMPORARY ART
- **Address:** 250 S Grand Ave, Los Angeles, CA, 90012-3007
- **NAICS:** 712110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.72M
- **Initial approval:** $1.72M
- **Forgiven:** $1.74M (101%)
- **Forgiveness date:** 02/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.72M
- **Utilities:** $1
- **Jobs reported:** 58
## Lender
- **Originating:** Carter FCU
- **Servicing:** Carter FCU (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*