# PPP loan: IAM8BIT XP, INC
> **$172K** approved 04/07/2020 · Paid in Full · Loan `7647227004`
## Borrower
- **Name:** IAM8BIT XP, INC
- **Address:** 2147 W. SUNSET BLVD, LOS ANGELES, CA, 90026-3124
- **NAICS:** 541810
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $172K
- **Initial approval:** $172K
- **Forgiven:** $174K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $172K
- **Jobs reported:** 13
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*