# PPP loan: SELECT TELECOM INC
> **$221K** approved 05/01/2020 · Paid in Full · Loan `2990137703`
## Borrower
- **Name:** SELECT TELECOM INC
- **Address:** 100 ENOCH CROSBY RD, BREWSTER, NY, 10509
- **NAICS:** 541690
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $221K
- **Initial approval:** $221K
- **Forgiven:** $222K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $176K
- **Rent:** $20K
- **Utilities:** $5K
- **Health care:** $19K
- **Jobs reported:** 11
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*