# PPP loan: SAGE NET LLC
> **$5.26M** approved 04/06/2020 · Paid in Full · Loan `5878937003`
## Borrower
- **Name:** SAGE NET LLC
- **Address:** 10205 E 161ST ST, TULSA, OK, 74133
- **NAICS:** 541512
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.26M
- **Initial approval:** $5.26M
- **Forgiven:** $5.32M (101%)
- **Forgiveness date:** 06/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.86M
- **Rent:** $245K
- **Mortgage interest:** $50K
- **Utilities:** $100K
- **Jobs reported:** 350
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*