# PPP loan: PARETEUM CORPORATION
> **$552K** approved 04/27/2020 · Paid in Full · Loan `6325667206`
## Borrower
- **Name:** PARETEUM CORPORATION
- **Address:** 1185 Avenue of the Americas 37th Floor, New York, NY, 10036
- **NAICS:** 517919
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $552K
- **Initial approval:** $552K
- **Forgiven:** $555K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $552K
- **Rent:** $1
- **Utilities:** $1
- **Jobs reported:** 29
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*