# PPP loan: MJM PREMIER
> **$300K** approved 06/15/2020 · Charged Off · Loan `5527647901`
## Borrower
- **Name:** MJM PREMIER
- **Address:** 468 N CAMDEN DR, STE 200, BEVERLY HILLS, CA, 90210-4507
- **NAICS:** 541613
- **Business type:** Sole Proprietorship
- **Business age:** Unanswered
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $266K (88%)
- **Forgiveness date:** 10/14/2021
- **Status:** Charged Off
- **Term:** 16 months
## Use of funds
- **Payroll:** $180K
- **Utilities:** $120K
- **Jobs reported:** 26
## Lender
- **Originating:** California Bank of Commerce, NA
- **Servicing:** California Bank of Commerce, NA (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*