# PPP loan: PHILMAR STUDIOS, INC
> **$285K** approved 04/28/2020 · Paid in Full · Loan `9423897202`
## Borrower
- **Name:** PHILMAR STUDIOS, INC
- **Address:** 1032 N SYCAMORE AVE, LOS ANGELES, CA, 90038-2308
- **NAICS:** 711510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $285K
- **Initial approval:** $285K
- **Forgiven:** $289K (101%)
- **Forgiveness date:** 08/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $225K
- **Rent:** $29K
- **Mortgage interest:** $288.15
- **Utilities:** $31K
- **Jobs reported:** 22
## 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*