# PPP loan: PUNCH STUDIO, LLC
> **$2.50M** approved 04/27/2020 · Paid in Full · Loan `5528977200`
## Borrower
- **Name:** PUNCH STUDIO, LLC
- **Address:** 6025 W SLAUSON AVE, CULVER CITY, CA, 90230-6507
- **NAICS:** 424120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.50M
- **Initial approval:** $2.50M
- **Forgiven:** $2.53M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.88M
- **Rent:** $453K
- **Utilities:** $14K
- **Health care:** $138K
- **Debt interest:** $17K
- **Jobs reported:** 219
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*