# PPP loan: OTTO NEMENZ INTERNATIONAL INC.
> **$789K** approved 01/27/2021 · Paid in Full · Loan `6624228308`
## Borrower
- **Name:** OTTO NEMENZ INTERNATIONAL INC.
- **Address:** 5700 Buckingham Pkwy, Culver City, CA, 90230-6508
- **NAICS:** 532490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $789K
- **Initial approval:** $789K
- **Forgiven:** $796K (101%)
- **Forgiveness date:** 12/21/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $789K
- **Utilities:** $1
- **Jobs reported:** 48
## 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*