# PPP loan: IBEAUTY BRANDS, INC
> **$282K** approved 04/13/2020 · Paid in Full · Loan `5719257101`
## Borrower
- **Name:** IBEAUTY BRANDS, INC
- **Address:** 6701 ODESSA AVE, VAN NUYS, CA, 91406-5747
- **NAICS:** 424990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $282K
- **Initial approval:** $282K
- **Forgiven:** $285K (101%)
- **Forgiveness date:** 05/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $240K
- **Rent:** $32K
- **Utilities:** $10K
- **Jobs reported:** 26
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*