# PPP loan: SATELLITE STAR LIGHT INC
> **$425K** approved 05/01/2020 · Exemption 4 · Loan `7869067707`
## Borrower
- **Name:** SATELLITE STAR LIGHT INC
- **Address:** 1116 S ADAMS ST, GLENDALE, CA, 91205
- **NAICS:** 561499
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $425K
- **Initial approval:** $425K
- **Forgiven:** $125K (29%)
- **Forgiveness date:** 12/09/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $425K
- **Jobs reported:** 70
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*