# PPP loan: GEARSHIFT, INC.
> **$242K** approved 05/01/2020 · Paid in Full · Loan `8027767300`
## Borrower
- **Name:** GEARSHIFT, INC.
- **Address:** 930 W 16th St STE E2, COSTA MESA, CA, 92627
- **NAICS:** 541810
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $242K
- **Initial approval:** $242K
- **Forgiven:** $244K (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $242K
- **Jobs reported:** 11
## 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*