# PPP loan: S.T.A.T. COMMUNICATIONS, INC.
> **$225K** approved 04/07/2020 · Paid in Full · Loan `7594197003`
## Borrower
- **Name:** S.T.A.T. COMMUNICATIONS, INC.
- **Address:** 121 FRANKLIN ST, WATERTOWN, NY, 13601-3317
- **NAICS:** 561621
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $225K
- **Initial approval:** $225K
- **Forgiven:** $227K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $220K
- **Rent:** $2K
- **Utilities:** $1K
- **Debt interest:** $2K
- **Jobs reported:** 25
## Lender
- **Originating:** Watertown Savings Bank
- **Servicing:** Watertown Savings Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*