# PPP loan: HEALING COMPOUNDS, INC.
> **$198K** approved 04/15/2020 · Paid in Full · Loan `8780077109`
## Borrower
- **Name:** HEALING COMPOUNDS, INC.
- **Address:** 4955 VAN NUYS BLVD, SHERMAN OAKS, CA, 91403-1800
- **NAICS:** 446110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $200K (101%)
- **Forgiveness date:** 07/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $169K
- **Rent:** $21K
- **Utilities:** $4K
- **Health care:** $3K
- **Jobs reported:** 14
## 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*