# PPP loan: LITEGEAR, INC.
> **$768K** approved 02/09/2021 · Paid in Full · Loan `5977278400`
## Borrower
- **Name:** LITEGEAR, INC.
- **Address:** 4406 W Vanowen St, Burbank, CA, 91505-1134
- **NAICS:** 335129
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $768K
- **Initial approval:** $768K
- **Forgiven:** $777K (101%)
- **Forgiveness date:** 04/12/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $768K
- **Utilities:** $1
- **Jobs reported:** 42
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*