# PPP loan: L'ABRI MANAGEMENT INC
> **$1.57M** approved 04/09/2020 · Paid in Full · Loan `9989547005`
## Borrower
- **Name:** L'ABRI MANAGEMENT INC
- **Address:** 8141 2ND ST STE 300, DOWNEY, CA, 90241-3612
- **NAICS:** 531311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.57M
- **Initial approval:** $1.57M
- **Forgiven:** $1.45M (92%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.57M
- **Jobs reported:** 274
## Lender
- **Originating:** Farmers & Merchants Bank of Long Beach
- **Servicing:** Farmers & Merchants Bank of Long Beach (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*