# PPP loan: THE MANDEL COMPANY, INC.
> **$764K** approved 04/05/2020 · Paid in Full · Loan `5580787003`
## Borrower
- **Name:** THE MANDEL COMPANY, INC.
- **Address:** 8383 WILSHIRE BLVD #400, BEVERLY HILLS, CA, 90211-2400
- **NAICS:** 541219
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $764K
- **Initial approval:** $764K
- **Forgiven:** $772K (101%)
- **Forgiveness date:** 05/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $611K
- **Rent:** $126K
- **Utilities:** $27K
- **Jobs reported:** 46
## 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*