# PPP loan: STRATUS NETWORKS, INC
> **$720K** approved 04/04/2020 · Paid in Full · Loan `4828007003`
## Borrower
- **Name:** STRATUS NETWORKS, INC
- **Address:** 4700 PROSPECT RD, PEORIA HEIGHTS, IL, 61616-6451
- **NAICS:** 517919
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $720K
- **Initial approval:** $560K
- **Forgiven:** $725K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $540K
- **Rent:** $90K
- **Utilities:** $90K
- **Jobs reported:** 51
## Lender
- **Originating:** First Mid Bank & Trust, National Association
- **Servicing:** First Mid Bank & Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*