# PPP loan: MODERN STUDIO EQUIPMENT, LLC
> **$336K** approved 04/30/2020 · Paid in Full · Loan `5320467310`
## Borrower
- **Name:** MODERN STUDIO EQUIPMENT, LLC
- **Address:** 16200 STAGG ST, VAN NUYS, CA, 91406
- **NAICS:** 332999
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $336K
- **Initial approval:** $336K
- **Forgiven:** $340K (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $336K
- **Jobs reported:** 44
## 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*