# PPP loan: GIPSON HOFFMAN & PANCIONE, A PROFESSIONAL CORPORATION
> **$360K** approved 04/06/2020 · Paid in Full · Loan `6390767001`
## Borrower
- **Name:** GIPSON HOFFMAN & PANCIONE, A PROFESSIONAL CORPORATION
- **Address:** 1901 AVENUE OF THE STARS SUITE 1100, LOS ANGELES, CA, 90067-6002
- **NAICS:** 541110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $360K
- **Initial approval:** $360K
- **Forgiven:** $364K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $270K
- **Rent:** $90K
- **Jobs reported:** 21
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*