# PPP loan: BACKGRID USA, INC.
> **$263K** approved 04/30/2020 · Paid in Full · Loan `6276637309`
## Borrower
- **Name:** BACKGRID USA, INC.
- **Address:** 700 N PACIFIC COAST HWY STE 200, REDONDO BEACH, CA, 90277-2147
- **NAICS:** 541921
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $263K
- **Initial approval:** $263K
- **Forgiven:** $267K (101%)
- **Forgiveness date:** 09/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $263K
- **Jobs reported:** 25
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*