# PPP loan: COMMTECH, INC.
> **$175K** approved 04/06/2020 · Paid in Full · Loan `5844017000`
## Borrower
- **Name:** COMMTECH, INC.
- **Address:** 1601 n LOWELL PL, PIERRE, SD, 57501-5813
- **NAICS:** 541618
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Forgiven:** $176K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $165K
- **Rent:** $9K
- **Mortgage interest:** $800
- **Jobs reported:** 13
## Lender
- **Originating:** American Bank and Trust
- **Servicing:** American Bank and Trust (SD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*