# PPP loan: STUDIO AIR CONDITIONING INC
> **$355K** approved 04/30/2020 · Paid in Full · Loan `4917637300`
## Borrower
- **Name:** STUDIO AIR CONDITIONING INC
- **Address:** 5171 N DOUGLAS FIR RD #6, CALABASAS, CA, 91302-3362
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $355K
- **Initial approval:** $355K
- **Forgiven:** $359K (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $311K
- **Health care:** $44K
- **Jobs reported:** 23
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*