# PPP loan: GIOVATTO ADVERTISING, INC.
> **$498K** approved 04/29/2020 · Paid in Full · Loan `2175037309`
## Borrower
- **Name:** GIOVATTO ADVERTISING, INC.
- **Address:** 95 RT. 17 South, Suite 201, Paramus, NJ, 07652
- **NAICS:** 541810
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $498K
- **Initial approval:** $498K
- **Forgiven:** $502K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $433K
- **Rent:** $34K
- **Utilities:** $497.99
- **Health care:** $30K
- **Jobs reported:** 36
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*