# PPP loan: WAG LABS, INC.
> **$5.14M** approved 07/17/2020 · Exemption 4 · Loan `5032458102`
## Borrower
- **Name:** WAG LABS, INC.
- **Address:** 8560 W SUNSET BLVD STE 100, WEST HOLLYWOOD, CA, 90069-2311
- **NAICS:** 453910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.14M
- **Initial approval:** $5.14M
- **Forgiven:** $3.48M (68%)
- **Forgiveness date:** 09/24/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $5.14M
- **Jobs reported:** 324
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*