# PPP loan: 1642 LAS PALMAS, LLC
> **$198K** approved 04/08/2020 · Paid in Full · Loan `8708377002`
## Borrower
- **Name:** 1642 LAS PALMAS, LLC
- **Address:** 1608 North Las Palmas, LOS ANGELES, CA, 90028-6112
- **NAICS:** 722410
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $185K (93%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $198K
- **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*