# PPP loan: ORBIT INDUSTRIES, INC.
> **$1.09M** approved 04/15/2020 · Paid in Full · Loan `9514687106`
## Borrower
- **Name:** ORBIT INDUSTRIES, INC.
- **Address:** 2100 S FIGUEROA ST, LOS ANGELES, CA, 90007-2047
- **NAICS:** 423610
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.09M
- **Initial approval:** $1.09M
- **Forgiven:** $1.10M (102%)
- **Forgiveness date:** 10/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.09M
- **Jobs reported:** 96
## Lender
- **Originating:** Golden Bank, National Association
- **Servicing:** Golden Bank, National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*