# PPP loan: ITALEE OPTICS, INC
> **$656K** approved 04/15/2020 · Paid in Full · Loan `8017527109`
## Borrower
- **Name:** ITALEE OPTICS, INC
- **Address:** 2641 W OLYMPIC BLVD, LOS ANGELES, CA, 90006-2810
- **NAICS:** 339115
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $656K
- **Initial approval:** $656K
- **Forgiven:** $666K (101%)
- **Forgiveness date:** 10/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $656K
- **Jobs reported:** 71
## Lender
- **Originating:** Bank of Hope
- **Servicing:** Bank of Hope (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*