# PPP loan: GALAXY I TECHNOLOGIES INC
> **$1.15M** approved 04/16/2020 · Paid in Full · Loan `2806687204`
## Borrower
- **Name:** GALAXY I TECHNOLOGIES INC
- **Address:** 14300 N NORTHSIGHT BLVD STE 103, SCOTTSDALE, AZ, 85260
- **NAICS:** 541519
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.15M
- **Initial approval:** $1.15M
- **Forgiven:** $1.17M (101%)
- **Forgiveness date:** 04/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.11M
- **Rent:** $7K
- **Utilities:** $1K
- **Health care:** $33K
- **Jobs reported:** 68
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*