# PPP loan: TLM RESEARCH LABS
> **$150K** approved 05/13/2020 · Paid in Full · Loan `5919907405`
## Borrower
- **Name:** TLM RESEARCH LABS
- **Address:** 1440 WEST 178TH STREET, GARDENA, CA, 90248
- **NAICS:** 339999
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $113K
- **Rent:** $15K
- **Utilities:** $15K
- **Health care:** $8K
- **Jobs reported:** 22
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*