# PPP loan: LAGUNA FABRICS
> **$347K** approved 04/15/2020 · Paid in Full · Loan `9885077110`
## Borrower
- **Name:** LAGUNA FABRICS
- **Address:** 2734 E. 46TH ST, VERNON, CA, 90058-2303
- **NAICS:** 313240
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $347K
- **Initial approval:** $347K
- **Forgiven:** $351K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $260K
- **Rent:** $87K
- **Jobs reported:** 35
## Lender
- **Originating:** CTBC Bank Corp. (USA).
- **Servicing:** CTBC Bank Corp. (USA). (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*