# PPP loan: APPLIED MINDS, LLC
> **$1.82M** approved 04/08/2020 · Paid in Full · Loan `8691057003`
## Borrower
- **Name:** APPLIED MINDS, LLC
- **Address:** 2937 N. ONTARIO ST, BURBANK, CA, 91504-2017
- **NAICS:** 541990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.82M
- **Initial approval:** $1.82M
- **Forgiven:** $1.83M (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.46M
- **Rent:** $138K
- **Utilities:** $88K
- **Health care:** $128K
- **Jobs reported:** 78
## 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*