# PPP loan: LA JOLLA GROUP, INC.
> **$5.44M** approved 04/07/2020 · Paid in Full · Loan `7443907005`
## Borrower
- **Name:** LA JOLLA GROUP, INC.
- **Address:** 14350 MYFORD RD, IRVINE, CA, 92606-1002
- **NAICS:** 448150
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.44M
- **Initial approval:** $5.44M
- **Forgiven:** $5.52M (102%)
- **Forgiveness date:** 11/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.35M
- **Rent:** $450K
- **Utilities:** $99K
- **Health care:** $350K
- **Debt interest:** $188K
- **Jobs reported:** 216
## 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*