# PPP loan: KATANA RACING, INC.
> **$564K** approved 04/04/2020 · Paid in Full · Loan `5055337010`
## Borrower
- **Name:** KATANA RACING, INC.
- **Address:** 4490 AYERS AVE, VERNON, CA, 90058-4317
- **NAICS:** 423120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $564K
- **Initial approval:** $564K
- **Forgiven:** $572K (101%)
- **Forgiveness date:** 09/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $564K
- **Jobs reported:** 56
## Lender
- **Originating:** Partners Bank of California
- **Servicing:** Partners Bank of California (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*