# PPP loan: GEARSHIFT INC.
> **$230K** approved 02/04/2021 · Paid in Full · Loan `3301528404`
## Borrower
- **Name:** GEARSHIFT INC.
- **Address:** 930 W 16th St Ste E2, Costa Mesa, CA, 92627-4337
- **NAICS:** 541810
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $230K
- **Initial approval:** $230K
- **Forgiven:** $231K (100%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $230K
- **Jobs reported:** 11
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*