# PPP loan: ECHO ENTERTAINMENT, INC.
> **$271K** approved 04/13/2020 · Paid in Full · Loan `5125547108`
## Borrower
- **Name:** ECHO ENTERTAINMENT, INC.
- **Address:** 22301 MULHOLLAND HWY, CALABASAS, CA, 91302-5140
- **NAICS:** 512110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $271K
- **Initial approval:** $271K
- **Forgiven:** $274K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $221K
- **Rent:** $27K
- **Utilities:** $6K
- **Health care:** $17K
- **Jobs reported:** 15
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*