# PPP loan: IN MOTION DESIGN INC
> **$459K** approved 04/28/2020 · Paid in Full · Loan `8592017203`
## Borrower
- **Name:** IN MOTION DESIGN INC
- **Address:** 7314 MADISON ST, PARAMOUNT, CA, 90723-4030
- **NAICS:** 423990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $459K
- **Initial approval:** $459K
- **Forgiven:** $461K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $344K
- **Rent:** $38K
- **Utilities:** $38K
- **Health care:** $38K
- **Jobs reported:** 46
## Lender
- **Originating:** GBC International Bank
- **Servicing:** GBC International Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*