# PPP loan: AZURELITE INC.
> **$984K** approved 04/04/2020 · Paid in Full · Loan `5008797005`
## Borrower
- **Name:** AZURELITE INC.
- **Address:** 2301 East GLADWICK ST, Rancho Dominguez, CA, 90220-6209
- **NAICS:** 238150
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $984K
- **Initial approval:** $984K
- **Forgiven:** $995K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $738K
- **Rent:** $197K
- **Utilities:** $49K
- **Jobs reported:** 113
## Lender
- **Originating:** US Metro Bank
- **Servicing:** US Metro Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*