# PPP loan: KRANE & SMITH, APC
> **$196K** approved 04/08/2020 · Paid in Full · Loan `8791067003`
## Borrower
- **Name:** KRANE & SMITH, APC
- **Address:** 16255 VENTURA BLVD SUITE 600, ENCINO, CA, 91436-2300
- **NAICS:** 541110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $196K
- **Initial approval:** $196K
- **Forgiven:** $198K (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $170K
- **Rent:** $14K
- **Utilities:** $4K
- **Health care:** $8K
- **Jobs reported:** 10
## 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*