# PPP loan: NEED FINANCIAL SERVICES INC
> **$464K** approved 04/07/2020 · Paid in Full · Loan `7182117005`
## Borrower
- **Name:** NEED FINANCIAL SERVICES INC
- **Address:** 701 SANTA MONICA BLVD Suite 200, SANTA MONICA, CA, 90401-2601
- **NAICS:** 541219
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $464K
- **Initial approval:** $464K
- **Forgiven:** $469K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $382K
- **Rent:** $47K
- **Health care:** $35K
- **Jobs reported:** 29
## 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*