# PPP loan: SATELLITE SPECIALIZED TRANSPORTATION INC
> **$689K** approved 04/30/2020 · Paid in Full · Loan `6816797302`
## Borrower
- **Name:** SATELLITE SPECIALIZED TRANSPORTATION INC
- **Address:** 63211 SERVICE RD, BEND, OR, 97703-8681
- **NAICS:** 488510
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $689K
- **Initial approval:** $689K
- **Forgiven:** $694K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $638K
- **Rent:** $39K
- **Utilities:** $12K
- **Jobs reported:** 42
## Lender
- **Originating:** Peoples Bank of Commerce
- **Servicing:** Peoples Bank of Commerce (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*