# PPP loan: LITEGEAR, INC.
> **$793K** approved 04/06/2020 · Paid in Full · Loan `6432567010`
## Borrower
- **Name:** LITEGEAR, INC.
- **Address:** 4406 W VANOWEN ST, BURBANK, CA, 91505-1134
- **NAICS:** 335122
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $793K
- **Initial approval:** $793K
- **Forgiven:** $800K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $793K
- **Jobs reported:** 43
## 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*