# PPP loan: LOS ANGELES ORT TECHNICAL INSTITUTE
> **$356K** approved 05/01/2020 · Exemption 4 · Loan `7149487706`
## Borrower
- **Name:** LOS ANGELES ORT TECHNICAL INSTITUTE
- **Address:** 69-30 Austin Street, Forest Hills, NY, 11375
- **NAICS:** 611699
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $356K
- **Initial approval:** $356K
- **Forgiven:** $310K (87%)
- **Forgiveness date:** 08/09/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $356K
- **Jobs reported:** 10
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*