# PPP loan: FRBM INC
> **$347K** approved 05/15/2020 · Charged Off · Loan `7004057400`
## Borrower
- **Name:** FRBM INC
- **Address:** 10939 Ventura Blvd, Studio City, CA, 91604-3341
- **NAICS:** 812113
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $347K
- **Initial approval:** $347K
- **Status:** Charged Off
- **Term:** 5 months
## Use of funds
- **Payroll:** $260K
- **Mortgage interest:** $43K
- **Utilities:** $43K
- **Jobs reported:** 57
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*