# PPP loan: FORMULA M CREATIVE LLC
> **$301K** approved 04/30/2020 · Paid in Full · Loan `7793767305`
## Borrower
- **Name:** FORMULA M CREATIVE LLC
- **Address:** 115 N Hollywood Way 2nd Floor, BURBANK, CA, 91505-4364
- **NAICS:** 541430
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $301K
- **Initial approval:** $301K
- **Forgiven:** $304K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $227K
- **Rent:** $56K
- **Utilities:** $8K
- **Health care:** $10K
- **Jobs reported:** 16
## Lender
- **Originating:** CalPrivate Bank
- **Servicing:** CalPrivate Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*