# PPP loan: LTM TEXTILE RESOURCES INC
> **$156K** approved 04/06/2020 · Paid in Full · Loan `6386697001`
## Borrower
- **Name:** LTM TEXTILE RESOURCES INC
- **Address:** 18242 ENTERPRISE LN, HUNTINGTON BEACH, CA, 92648-1217
- **NAICS:** 424310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $156K
- **Initial approval:** $156K
- **Forgiven:** $158K (101%)
- **Forgiveness date:** 07/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $136K
- **Rent:** $15K
- **Health care:** $5K
- **Jobs reported:** 16
## 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*