# PPP loan: APIC CORPORATION
> **$376K** approved 04/27/2020 · Exemption 4 · Loan `5829117204`
## Borrower
- **Name:** APIC CORPORATION
- **Address:** 5800 Uplander Way, Culver City, CA, 90230-6608
- **NAICS:** 541715
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $376K
- **Initial approval:** $376K
- **Forgiven:** $156K (42%)
- **Forgiveness date:** 06/23/2022
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $178K
- **Mortgage interest:** $164K
- **Utilities:** $26K
- **Health care:** $8K
- **Jobs reported:** 10
## Lender
- **Originating:** OneWest Bank, A Division of First-Citizens Bank and Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*