# PPP loan: L-ACOUSTICS INC
> **$767K** approved 05/22/2021 · Paid in Full · Loan `5256659000`
## Borrower
- **Name:** L-ACOUSTICS INC
- **Address:** 2645 Townsgate Rd Ste 600, Westlake Village, CA, 91361-2721
- **NAICS:** 423690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $767K
- **Initial approval:** $767K
- **Forgiven:** $777K (101%)
- **Forgiveness date:** 09/01/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $767K
- **Utilities:** $1
- **Jobs reported:** 35
## 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*