# PPP loan: ECD LA 2015, LLC
> **$332K** approved 04/06/2020 · Charged Off · Loan `5885847009`
## Borrower
- **Name:** ECD LA 2015, LLC
- **Address:** 5400 WILSHIRE BLVD, LOS ANGELES, CA, 90036-4202
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $332K
- **Initial approval:** $332K
- **Forgiven:** $316K (95%)
- **Forgiveness date:** 09/23/2021
- **Status:** Charged Off
- **Term:** 3 months
## Use of funds
- **Payroll:** $249K
- **Rent:** $53K
- **Utilities:** $30K
- **Jobs reported:** 43
## 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*