# PPP loan: WAVETECH GLOBAL, INC
> **$461K** approved 04/30/2020 · Charged Off · Loan `7359107303`
## Borrower
- **Name:** WAVETECH GLOBAL, INC
- **Address:** 609 Willow Ave, Hoboken, NJ, 07030
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $461K
- **Initial approval:** $461K
- **Forgiven:** $154K (33%)
- **Forgiveness date:** 05/05/2022
- **Status:** Charged Off
- **Term:** 21 months
## Use of funds
- **Payroll:** $461K
- **Jobs reported:** 12
## 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*