# PPP loan: LIGHTSPEED AVIATION INC
> **$621K** approved 04/27/2020 · Paid in Full · Loan `5311977210`
## Borrower
- **Name:** LIGHTSPEED AVIATION INC
- **Address:** 6135 SW Jean Road, LAKE OSWEGO, OR, 97035
- **NAICS:** 334290
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $621K
- **Initial approval:** $621K
- **Forgiven:** $630K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $590K
- **Rent:** $25K
- **Utilities:** $6K
- **Jobs reported:** 41
## Lender
- **Originating:** Banner Bank
- **Servicing:** Banner Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*