# PPP loan: HITS MAGAZINE, INC.
> **$252K** approved 04/09/2020 · Paid in Full · Loan `9902157004`
## Borrower
- **Name:** HITS MAGAZINE, INC.
- **Address:** 21731 VENTURA BLVD Suite 300, WOODLAND HILLS, CA, 91364-1835
- **NAICS:** 511120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $252K
- **Initial approval:** $252K
- **Forgiven:** $255K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $189K
- **Health care:** $63K
- **Jobs reported:** 39
## 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*