# PPP loan: JIVETEL INC
> **$266K** approved 06/03/2020 · Paid in Full · Loan `7357477806`
## Borrower
- **Name:** JIVETEL INC
- **Address:** 2 Brooks Edge Drive, New City, NY, 10956-2100
- **NAICS:** 517911
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $266K
- **Initial approval:** $276K
- **Forgiven:** $270K (101%)
- **Forgiveness date:** 09/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $200K
- **Mortgage interest:** $67K
- **Jobs reported:** 19
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Square Capital, LLC (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*