# PPP loan: LAEMMLE THEATRES, LLC
> **$905K** approved 06/26/2020 · Paid in Full · Loan `4687668004`
## Borrower
- **Name:** LAEMMLE THEATRES, LLC
- **Address:** 11523 SANTA MONICA BLVD, LOS ANGELES, CA, 90025-3007
- **NAICS:** 512131
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $905K
- **Initial approval:** $905K
- **Forgiven:** $638K (70%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $543K
- **Rent:** $362K
- **Jobs reported:** 150
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*