# PPP loan: BELIEVE MEDIA INC.
> **$223K** approved 04/07/2020 · Paid in Full · Loan `7550757003`
## Borrower
- **Name:** BELIEVE MEDIA INC.
- **Address:** 1438 N. GOWER ST Box 16, LOS ANGELES, CA, 90028-8306
- **NAICS:** 512110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $223K
- **Initial approval:** $223K
- **Forgiven:** $146K (65%)
- **Forgiveness date:** 01/03/2023
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $149K
- **Rent:** $49K
- **Utilities:** $9K
- **Health care:** $16K
- **Jobs reported:** 8
## 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*