# PPP loan: PALOS VERDES ART CENTER
> **$189K** approved 04/13/2020 · Paid in Full · Loan `5654117103`
## Borrower
- **Name:** PALOS VERDES ART CENTER
- **Address:** 5504 W CRESTRIDGE RD, RANCHO PALOS VERDES, CA, 90275-4905
- **NAICS:** 813990
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $189K
- **Initial approval:** $189K
- **Forgiven:** $191K (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $189K
- **Jobs reported:** 35
## 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*