# PPP loan: 3 BMG, LLC
> **$174K** approved 04/07/2020 · Paid in Full · Loan `6884977005`
## Borrower
- **Name:** 3 BMG, LLC
- **Address:** 3650 REDONDO BEACH AVE, REDONDO BEACH, CA, 90278-1107
- **NAICS:** 512110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $174K
- **Initial approval:** $174K
- **Forgiven:** $175K (101%)
- **Forgiveness date:** 04/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $127K
- **Rent:** $16K
- **Utilities:** $10K
- **Health care:** $21K
- **Jobs reported:** 9
## 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*