# PPP loan: DATABIT INC
> **$365K** approved 01/28/2021 · Paid in Full · Loan `7600648305`
## Borrower
- **Name:** DATABIT INC
- **Address:** 200 State Rt 17, Mahwah, NJ, 07430-1203
- **NAICS:** 423430
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $365K
- **Initial approval:** $365K
- **Forgiven:** $368K (101%)
- **Forgiveness date:** 11/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $365K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*