# PPP loan: TRUE NORTH GEAR LLC
> **$427K** approved 04/28/2020 · Paid in Full · Loan `9825987208`
## Borrower
- **Name:** TRUE NORTH GEAR LLC
- **Address:** 3703 S Edmunds St #79, SEATTLE, WA, 98118
- **NAICS:** 423850
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $427K
- **Initial approval:** $427K
- **Forgiven:** $432K (101%)
- **Forgiveness date:** 06/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $385K
- **Rent:** $30K
- **Utilities:** $13K
- **Jobs reported:** 25
## Lender
- **Originating:** Banner Bank
- **Servicing:** Banner Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*