# PPP loan: LEAP COMMUNICATIONS INC.
> **$253K** approved 01/19/2021 · Exemption 4 · Loan `1807108307`
## Borrower
- **Name:** LEAP COMMUNICATIONS INC.
- **Address:** 1301 Shiloh Rd NW, Kennesaw, GA, 30144-7147
- **NAICS:** 541430
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $253K
- **Initial approval:** $253K
- **Forgiven:** $244K (96%)
- **Forgiveness date:** 04/21/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $253K
- **Jobs reported:** 12
## Lender
- **Originating:** Southern States Bank
- **Servicing:** Southern States Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*