# PPP loan: IRIDIUM INDUSTRIES, INC.
> **$1.42M** approved 04/27/2020 · Paid in Full · Loan `6102807203`
## Borrower
- **Name:** IRIDIUM INDUSTRIES, INC.
- **Address:** 147 Forge Road, East Stroudtsburg, PA, 18301
- **NAICS:** 326121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.42M
- **Initial approval:** $1.42M
- **Forgiven:** $1.43M (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.42M
- **Jobs reported:** 144
## Lender
- **Originating:** Santander Bank, National Association
- **Servicing:** Santander Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*