# PPP loan: INTELLIGENT VAR TECHNOLOGY
> **$425K** approved 02/19/2021 · Paid in Full · Loan `2124848508`
## Borrower
- **Name:** INTELLIGENT VAR TECHNOLOGY
- **Address:** 1652 Yeager Ave, La Verne, CA, 91750-5853
- **NAICS:** 443142
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $425K
- **Initial approval:** $425K
- **Forgiven:** $412K (97%)
- **Forgiveness date:** 12/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $425K
- **Utilities:** $1
- **Jobs reported:** 29
## Lender
- **Originating:** Banner Bank
- **Servicing:** Banner Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*