# PPP loan: DISPLAYIT INCORPORATED
> **$1.37M** approved 04/05/2020 · Paid in Full · Loan `5430457003`
## Borrower
- **Name:** DISPLAYIT INCORPORATED
- **Address:** 16680 ARMSTRONG AVE, IRVINE, CA, 92606-4910
- **NAICS:** 541850
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.37M
- **Initial approval:** $1.37M
- **Forgiven:** $1.38M (101%)
- **Forgiveness date:** 05/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.08M
- **Rent:** $160K
- **Utilities:** $50K
- **Health care:** $75K
- **Debt interest:** $5K
- **Jobs reported:** 80
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*