1616 AKB LP (CA) - 2020 PPP Loan Borrower Profile (# 7141387303)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1616 AKB LP. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in California.

Loan Detail

Loan Number

7141387303

SBA Office Code

0914

Processing Method

PPP

Curent Loan Amount

$183,625

Date Loan was Approved

Apr 30, 2020

Amount Forgiven

$86,091.73

Date Loan was Forgiven

Aug 18, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

12,000

Payroll Proced

143,625

Rent Proceed

28,000

Lender

City National Bank

Business Detail

Business Type

Partnership

NAICS

999990

Borrower Location

VENICE, CA

Project Location

VENICE, CA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.