# PPP loan: JOHN W SADLER RACING INC
> **$449K** approved 04/10/2020 · Paid in Full · Loan `2562077103`
## Borrower
- **Name:** JOHN W SADLER RACING INC
- **Address:** 3762 LAURITA AVE, PASADENA, CA, 91107-4923
- **NAICS:** 115210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $449K
- **Initial approval:** $449K
- **Forgiven:** $453K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $449K
- **Jobs reported:** 64
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*