# PPP loan: AMBRIT INDUSTRIES INC.
> **$299K** approved 02/06/2021 · Paid in Full · Loan `4327038402`
## Borrower
- **Name:** AMBRIT INDUSTRIES INC.
- **Address:** 432 Magnolia Ave, Glendale, CA, 91204-2406
- **NAICS:** 331523
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $299K
- **Initial approval:** $299K
- **Forgiven:** $301K (101%)
- **Forgiveness date:** 09/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $299K
- **Jobs reported:** 33
## Lender
- **Originating:** Banc of California
- **Servicing:** Banc of California (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*