PPP Loan information for Litegear, inc.

$767,988

Litegear, inc. was initially approved for PPP Loan of amount $767,988, the current approved amount is $767,988. The loan was approved on 02/09/2021 by The American Business Bank reported 42 jobs and $767,988 was used to fund payroll.

Litegear, inc. is Existing or more than 2 years old

LITEGEAR, INC.

Date Approved

02/09/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

LITEGEAR, INC.

Borrower Address

4406 W Vanowen St

Borrower City

Burbank

Borrower State

CA

Borrower Zip

91505-1134

Loan Status Date

05/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

767987.50

Current Approval Amount

767987.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123001

Servicing Lender Name

American Business Bank

Servicing Lender Address

2400 E. Katella Ave. Ste 350

Servicing Lender City

Anaheim

Servicing Lender State

CA

Servicing Lender Zip

92806

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Burbank

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91505-1134

CD

CA-30

Jobs Reported

42

NAICS Code

335129

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

767984.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

123001

Originating Lender

American Business Bank

Originating Lender City

Anaheim

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

776887.74

Forgiveness Date

04/12/2022

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