# PPP loan: AMERICAN MULTI TRADE, INC.
> **$238K** approved 04/05/2020 · Paid in Full · Loan `5377527000`
## Borrower
- **Name:** AMERICAN MULTI TRADE, INC.
- **Address:** 20700 DEARBORN ST, CHATSWORTH, CA, 91311-5912
- **NAICS:** 423990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $238K
- **Initial approval:** $238K
- **Forgiven:** $241K (101%)
- **Forgiveness date:** 05/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $179K
- **Utilities:** $60K
- **Jobs reported:** 18
## Lender
- **Originating:** California Bank of Commerce, NA
- **Servicing:** California Bank of Commerce, NA (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*