# PPP loan: ALCHEMEDIA PRODUCTIONS INC
> **$481K** approved 02/27/2021 · Exemption 4 · Loan `5323938507`
## Borrower
- **Name:** ALCHEMEDIA PRODUCTIONS INC
- **Address:** 5950 Canoga Ave Ste 510, Woodland Hills, CA, 91367-5089
- **NAICS:** 711510
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $481K
- **Initial approval:** $481K
- **Forgiven:** $363K (76%)
- **Forgiveness date:** 06/15/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $481K
- **Utilities:** $1
- **Jobs reported:** 11
## 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*