# PPP loan: LAUGHLIN AUDIO VIDEO ELECTRIC INC.
> **$307K** approved 02/13/2021 · Paid in Full · Loan `8529178405`
## Borrower
- **Name:** LAUGHLIN AUDIO VIDEO ELECTRIC INC.
- **Address:** 3640 Sagunto St, Santa Ynez, CA, 93460-9146
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $307K
- **Initial approval:** $307K
- **Forgiven:** $309K (101%)
- **Forgiveness date:** 10/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $307K
- **Jobs reported:** 22
## Lender
- **Originating:** Montecito Bank & Trust
- **Servicing:** Montecito Bank & Trust (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*