# PPP loan: 509 CONSTRUCTION
> **$341K** approved 02/12/2021 · Paid in Full · Loan `7491118408`
## Borrower
- **Name:** 509 CONSTRUCTION
- **Address:** 2635 S Halm Ave, Los Angeles, CA, 90034-2423
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $341K
- **Initial approval:** $341K
- **Forgiven:** $347K (102%)
- **Forgiveness date:** 12/01/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $340K
- **Jobs reported:** 46
## Lender
- **Originating:** United Business Bank
- **Servicing:** United Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*