# PPP loan: NATREL COMMUNICATIONS, INC.
> **$333K** approved 04/27/2020 · Paid in Full · Loan `5223857209`
## Borrower
- **Name:** NATREL COMMUNICATIONS, INC.
- **Address:** One Gatehall Drive, Suite 309, PARSIPPANY, NJ, 07054-4523
- **NAICS:** 541613
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $333K
- **Initial approval:** $333K
- **Forgiven:** $336K (101%)
- **Forgiveness date:** 01/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $333K
- **Jobs reported:** 16
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*