Date Approved
04/29/2020
SBA Office Code
0914
Processing Method
PPP
Borrower Name
LOS ANGELES COLLEGE OF MUSIC
Borrower Address
300 S FAIR OAKS AVE
Borrower City
PASADENA
Borrower State
CA
Borrower Zip
91105-2540
Loan Status Date
08/21/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
795070.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
4924
Servicing Lender Name
City National Bank
Servicing Lender Address
555 S Flower St
Servicing Lender City
LOS ANGELES
Servicing Lender State
Servicing Lender Zip
90071-2300
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
Project State
Project Zip
CD
CA-28
Jobs Reported
72
NAICS Code
611310
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
12009.00
Payroll Proceed
667174.00
Mortgage Interest Proceed
Rent Proceed
105540.00
Refinance EIDL Proceed
Health Care Proceed
10347.00
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
804763.32
Forgiveness Date
07/26/2021