# PPP loan: PEERLESS COMMUNICATIONS INC
> **$205K** approved 02/19/2021 · Paid in Full · Loan `2011198507`
## Borrower
- **Name:** PEERLESS COMMUNICATIONS INC
- **Address:** 8801 Westgate Park Dr Ste 104, Raleigh, NC, 27617-4889
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $205K
- **Initial approval:** $205K
- **Forgiven:** $206K (100%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $205K
- **Jobs reported:** 16
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*