# PPP loan: GALILEO TECHNOLOGIES CORPORATION
> **$573K** approved 04/30/2020 · Exemption 4 · Loan `7410937301`
## Borrower
- **Name:** GALILEO TECHNOLOGIES CORPORATION
- **Address:** 11800 Clark Street, Arcadia, CA, 91006
- **NAICS:** 211111
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $573K
- **Initial approval:** $573K
- **Forgiven:** $305K (53%)
- **Forgiveness date:** 12/02/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $573K
- **Jobs reported:** 21
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*