# PPP loan: TRICOM NETWORKS, INC.
> **$1.01M** approved 04/07/2020 · Paid in Full · Loan `7494407008`
## Borrower
- **Name:** TRICOM NETWORKS, INC.
- **Address:** 24335 PRIELIPP RD STE 109, WILDOMAR, CA, 92595-7422
- **NAICS:** 517311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.01M
- **Initial approval:** $1.01M
- **Forgiven:** $1.02M (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $994K
- **Rent:** $14K
- **Utilities:** $6K
- **Jobs reported:** 70
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*