# PPP loan: INTELLECTT INC
> **$870K** approved 04/28/2020 · Paid in Full · Loan `7708947209`
## Borrower
- **Name:** INTELLECTT INC
- **Address:** 517 RT 1 SOUTH SUITE 1115, ISELIN, NJ, 08830-3023
- **NAICS:** 541511
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $870K
- **Initial approval:** $870K
- **Forgiven:** $879K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $870K
- **Jobs reported:** 76
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*