# PPP loan: SECOND GENERATION, LLC
> **$607K** approved 04/14/2020 · Paid in Full · Loan `7158717106`
## Borrower
- **Name:** SECOND GENERATION, LLC
- **Address:** 1950 NAOMI AVE, LOS ANGELES, CA, 90011-1342
- **NAICS:** 315240
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $607K
- **Initial approval:** $607K
- **Forgiven:** $361K (60%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $500K
- **Rent:** $40K
- **Utilities:** $25K
- **Health care:** $20K
- **Debt interest:** $22K
- **Jobs reported:** 41
## Lender
- **Originating:** OneWest Bank, A Division of First-Citizens Bank and Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*