# PPP loan: L-ACOUSTICS, INC
> **$700K** approved 04/09/2020 · Paid in Full · Loan `9537067002`
## Borrower
- **Name:** L-ACOUSTICS, INC
- **Address:** 2645 TOWNSGATE RD SUITE 600, WESTLAKE VILLAGE, CA, 91361-2702
- **NAICS:** 443142
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $700K
- **Initial approval:** $700K
- **Forgiven:** $706K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $700K
- **Jobs reported:** 41
## 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*