# PPP loan: L.A. PREP INC.
> **$355K** approved 02/13/2021 · Paid in Full · Loan `8532418406`
## Borrower
- **Name:** L.A. PREP INC.
- **Address:** 2700 Signal Pkwy, Signal Hill, CA, 90755-2207
- **NAICS:** 512110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $355K
- **Initial approval:** $355K
- **Forgiven:** $359K (101%)
- **Forgiveness date:** 02/23/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $355K
- **Utilities:** $1
- **Jobs reported:** 36
## 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*