# PPP loan: PLAN CHECK DOWNTOWN III, LLC
> **$189K** approved 04/09/2020 · Exemption 4 · Loan `9792857000`
## Borrower
- **Name:** PLAN CHECK DOWNTOWN III, LLC
- **Address:** 1111 WILSHIRE BLVD, LOS ANGELES, CA, 90017-1903
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $189K
- **Initial approval:** $189K
- **Forgiven:** $56K (29%)
- **Forgiveness date:** 10/04/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $154K
- **Rent:** $25K
- **Utilities:** $10K
- **Jobs reported:** 32
## 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*