# PPP loan: CELITO COMMUNICATIONS, INC
> **$307K** approved 04/09/2020 · Paid in Full · Loan `1056257101`
## Borrower
- **Name:** CELITO COMMUNICATIONS, INC
- **Address:** 1350 Sunday Drive Suite 109, RALEIGH, NC, 27607-5196
- **NAICS:** 517919
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $307K
- **Initial approval:** $307K
- **Forgiven:** $309K (101%)
- **Forgiveness date:** 01/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $307K
- **Jobs reported:** 23
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*