# PPP loan: 507 WILSHIRE PARTNERS, LP
> **$197K** approved 04/08/2020 · Paid in Full · Loan `8158807005`
## Borrower
- **Name:** 507 WILSHIRE PARTNERS, LP
- **Address:** 630 22ND ST, SANTA MONICA, CA, 90402-3122
- **NAICS:** 722511
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $197K
- **Initial approval:** $197K
- **Forgiven:** $200K (102%)
- **Forgiveness date:** 01/06/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Rent:** $26K
- **Utilities:** $10K
- **Health care:** $2K
- **Jobs reported:** 35
## 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*