# PPP loan: STUDIO COLLECTIVE LLC
> **$316K** approved 04/07/2020 · Paid in Full · Loan `7436557009`
## Borrower
- **Name:** STUDIO COLLECTIVE LLC
- **Address:** 318 s. LINCOLN BLVD STE 225, VENICE, CA, 90291-6140
- **NAICS:** 541410
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $316K
- **Initial approval:** $316K
- **Forgiven:** $320K (101%)
- **Forgiveness date:** 07/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $253K
- **Rent:** $34K
- **Utilities:** $2K
- **Health care:** $27K
- **Debt interest:** $600
- **Jobs reported:** 18
## 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*