# PPP loan: VETERAN ENTERPRISE, INC.
> **$254K** approved 04/04/2020 · Paid in Full · Loan `5011997007`
## Borrower
- **Name:** VETERAN ENTERPRISE, INC.
- **Address:** 620 Gladys Ave, LOS ANGELES, CA, 90021-1004
- **NAICS:** 811121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $254K
- **Initial approval:** $254K
- **Forgiven:** $257K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $216K
- **Rent:** $35K
- **Utilities:** $4K
- **Jobs reported:** 18
## 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*