# PPP loan: GLIDE RITE INC
> **$874K** approved 04/14/2020 · Paid in Full · Loan `7702557100`
## Borrower
- **Name:** GLIDE RITE INC
- **Address:** 21115 Oxnard Street, WOODLAND HILLS, CA, 91367-5013
- **NAICS:** 811310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $874K
- **Initial approval:** $874K
- **Forgiven:** $883K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $874K
- **Jobs reported:** 24
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*