# PPP loan: MILK AND CEREAL PRODUCTIONS INC
> **$537K** approved 04/30/2020 · Paid in Full · Loan `4968037308`
## Borrower
- **Name:** MILK AND CEREAL PRODUCTIONS INC
- **Address:** 2412 Amsler Street Suite C, Torrance, CA, 90505
- **NAICS:** 541890
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $537K
- **Initial approval:** $537K
- **Forgiven:** $544K (101%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $403K
- **Mortgage interest:** $67K
- **Utilities:** $67K
- **Jobs reported:** 129
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Square Capital, LLC (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*