# PPP loan: THE RESERVE LOUNGE LLC
> **$213K** approved 04/30/2021 · Paid in Full · Loan `5605708909`
## Borrower
- **Name:** THE RESERVE LOUNGE LLC
- **Address:** 650 SOUTH SPRING ST  RESERVE, LOS ANGELES, CA, 90014
- **NAICS:** 722410
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $213K
- **Initial approval:** $213K
- **Forgiven:** $217K (102%)
- **Forgiveness date:** 04/05/2023
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $213K
- **Utilities:** $1
- **Jobs reported:** 40
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*