# PPP loan: SOCATI CORP.
> **$522K** approved 04/29/2020 · Paid in Full · Loan `4363687301`
## Borrower
- **Name:** SOCATI CORP.
- **Address:** 612 Brazos St., Austin, TX, 78701-3245
- **NAICS:** 541715
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $522K
- **Initial approval:** $1.56M
- **Forgiven:** $528K (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $522K
- **Jobs reported:** 80
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*