# PPP loan: SIGNAL PRODUCTS INC
> **$2.00M** approved 04/04/2021 · Exemption 4 · Loan `6797108708`
## Borrower
- **Name:** SIGNAL PRODUCTS INC
- **Address:** 320 W 31st St, Los Angeles, CA, 90007-3806
- **NAICS:** 423990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $1.83M (92%)
- **Forgiveness date:** 09/21/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 116
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*