# PPP loan: NEXXEN APPAREL INC
> **$289K** approved 04/08/2020 · Paid in Full · Loan `8662847005`
## Borrower
- **Name:** NEXXEN APPAREL INC
- **Address:** 1555 LOS PALOS STREET, LOS ANGELES, CA, 90023-3218
- **NAICS:** 315240
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $289K
- **Initial approval:** $289K
- **Forgiven:** $290K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $235K
- **Rent:** $42K
- **Utilities:** $12K
- **Jobs reported:** 32
## Lender
- **Originating:** Centerstone SBA Lending, Inc.
- **Servicing:** Centerstone SBA Lending, Inc. (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*