# PPP loan: IMPACT BUSINESS TECHNOLOGY LLC
> **$207K** approved 04/13/2020 · Paid in Full · Loan `5450437103`
## Borrower
- **Name:** IMPACT BUSINESS TECHNOLOGY LLC
- **Address:** 10 Turnberry Lane, SANDY HOOK, CT, 06482-1365
- **NAICS:** 541512
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $207K
- **Initial approval:** $207K
- **Forgiven:** $209K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $176K
- **Rent:** $9K
- **Utilities:** $3K
- **Health care:** $18K
- **Jobs reported:** 13
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*