# PPP loan: FRANKLIN AND COMPANY TAVERN
> **$227K** approved 04/07/2020 · Charged Off · Loan `7597147005`
## Borrower
- **Name:** FRANKLIN AND COMPANY TAVERN
- **Address:** 5923 FRANKLIN AVE, LOS ANGELES, CA, 90028-5515
- **NAICS:** 722410
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $227K
- **Initial approval:** $227K
- **Forgiven:** $77K (34%)
- **Forgiveness date:** 12/23/2021
- **Status:** Charged Off
- **Term:** 1 months
## Use of funds
- **Payroll:** $186K
- **Rent:** $32K
- **Utilities:** $9K
- **Jobs reported:** 31
## 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*