# PPP loan: EDISON DOWNTOWN
> **$296K** approved 04/30/2020 · Exemption 4 · Loan `6313737304`
## Borrower
- **Name:** EDISON DOWNTOWN
- **Address:** 648 S. Broadway 5th Floor, Los Angeles, CA, 90014
- **NAICS:** 722410
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $296K
- **Initial approval:** $296K
- **Forgiven:** $78K (26%)
- **Forgiveness date:** 03/22/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $296K
- **Jobs reported:** 41
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*