# PPP loan: UTOG 2-WAY RADIO INC.
> **$252K** approved 02/04/2021 · Paid in Full · Loan `2730358405`
## Borrower
- **Name:** UTOG 2-WAY RADIO INC.
- **Address:** 2520 39th Ave, Long Island City, NY, 11101-3616
- **NAICS:** 485310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $252K
- **Initial approval:** $252K
- **Forgiven:** $255K (101%)
- **Forgiveness date:** 01/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $252K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** Ponce Bank
- **Servicing:** Ponce Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*