# PPP loan: GTS RECORDS
> **$193K** approved 04/08/2020 · Paid in Full · Loan `7691137009`
## Borrower
- **Name:** GTS RECORDS
- **Address:** 13245 RIVERSIDE DR Suite 305, SHERMAN OAKS, CA, 91423-2139
- **NAICS:** 512290
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $193K
- **Initial approval:** $193K
- **Forgiven:** $196K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $169K
- **Rent:** $12K
- **Health care:** $12K
- **Jobs reported:** 8
## 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*