# PPP loan: LAX IN-FLITE SERVICES LLC
> **$1.49M** approved 05/01/2020 · Charged Off · Loan `5435627702`
## Borrower
- **Name:** LAX IN-FLITE SERVICES LLC
- **Address:** 125 N Ash Ave, Inglewood, CA, 90301
- **NAICS:** 333318
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.49M
- **Initial approval:** $1.49M
- **Forgiven:** $1.07M (72%)
- **Forgiveness date:** 01/13/2022
- **Status:** Charged Off
- **Term:** 17 months
## Use of funds
- **Payroll:** $1.49M
- **Jobs reported:** 203
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*