# PPP loan: APPLIED INVENTION LLC
> **$1.12M** approved 04/08/2020 · Paid in Full · Loan `8104067002`
## Borrower
- **Name:** APPLIED INVENTION LLC
- **Address:** 820 S MARIPOSA ST, BURBANK, CA, 91506-3108
- **NAICS:** 541512
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.12M
- **Initial approval:** $1.12M
- **Forgiven:** $1.13M (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $903K
- **Rent:** $161K
- **Utilities:** $12K
- **Health care:** $41K
- **Jobs reported:** 52
## 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*