# PPP loan: LOS ANGELES DISTRIBUTING COMPANY INC
> **$447K** approved 02/10/2021 · Paid in Full · Loan `6196188410`
## Borrower
- **Name:** LOS ANGELES DISTRIBUTING COMPANY INC
- **Address:** 2770 Vail Ave, Commerce, CA, 90040-2612
- **NAICS:** 424410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $447K
- **Initial approval:** $462K
- **Forgiven:** $450K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $447K
- **Utilities:** $1
- **Jobs reported:** 40
## Lender
- **Originating:** Commercial Bank of California
- **Servicing:** Commercial Bank of California (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*