# PPP loan: MODEL TWO MANAGEMENT, LLC
> **$990K** approved 04/07/2020 · Exemption 4 · Loan `6493067006`
## Borrower
- **Name:** MODEL TWO MANAGEMENT, LLC
- **Address:** 9255 W. SUNSET BLVD Suite 407, WEST HOLLYWOOD, CA, 90069-3300
- **NAICS:** 711410
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $990K
- **Initial approval:** $990K
- **Forgiven:** $395K (40%)
- **Forgiveness date:** 09/14/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $900K
- **Rent:** $54K
- **Utilities:** $12K
- **Health care:** $24K
- **Jobs reported:** 214
## 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*