# PPP loan: FESTIVAL OF ARTS OF LAGUNA BEACH
> **$868K** approved 04/28/2020 · Paid in Full · Loan `7544187209`
## Borrower
- **Name:** FESTIVAL OF ARTS OF LAGUNA BEACH
- **Address:** 650 Laguna Canyon Road, LAGUNA BEACH, CA, 92651-1837
- **NAICS:** 711310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $868K
- **Initial approval:** $868K
- **Forgiven:** $731K (84%)
- **Forgiveness date:** 08/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $868K
- **Jobs reported:** 160
## Lender
- **Originating:** The Northern Trust Company
- **Servicing:** The Northern Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*