# PPP loan: WOODSHOP STUDIOS, INC.
> **$237K** approved 04/06/2020 · Paid in Full · Loan `5896227006`
## Borrower
- **Name:** WOODSHOP STUDIOS, INC.
- **Address:** 10567 JEFFERSON BLVD Suite C, CULVER CITY, CA, 90232-3513
- **NAICS:** 541430
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $237K
- **Initial approval:** $237K
- **Forgiven:** $240K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $180K
- **Rent:** $57K
- **Jobs reported:** 9
## 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*