# PPP loan: LAYRITE LLC
> **$216K** approved 06/27/2020 · Paid in Full · Loan `5191558007`
## Borrower
- **Name:** LAYRITE LLC
- **Address:** 930 W 16th St, Suite B2, COSTA MESA, CA, 92627-4332
- **NAICS:** 325620
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $216K
- **Initial approval:** $216K
- **Forgiven:** $218K (101%)
- **Forgiveness date:** 06/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $147K
- **Rent:** $65K
- **Utilities:** $4K
- **Jobs reported:** 14
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*