# PPP loan: STRONG TIE INSURANCE SERVICES INC
> **$503K** approved 04/30/2020 · Paid in Full · Loan `6890897306`
## Borrower
- **Name:** STRONG TIE INSURANCE SERVICES INC
- **Address:** 8135 FLORENCE AVE STE 201, DOWNEY, CA, 90240-3900
- **NAICS:** 524210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $503K
- **Initial approval:** $503K
- **Forgiven:** $509K (101%)
- **Forgiveness date:** 07/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $503K
- **Jobs reported:** 52
## 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*