# PPP loan: LNN SEPULVEDA, INC.
> **$216K** approved 04/05/2020 · Paid in Full · Loan `5562647003`
## Borrower
- **Name:** LNN SEPULVEDA, INC.
- **Address:** 5658 SEPULVEDA BLVD Suite 301, VAN NUYS, CA, 91411-2915
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $216K
- **Initial approval:** $325K
- **Forgiven:** $218K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $151K
- **Mortgage interest:** $65K
- **Jobs reported:** 30
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*