# PPP loan: SOLEO COMMUNICATIONS, INC
> **$640K** approved 04/14/2020 · Paid in Full · Loan `7748007105`
## Borrower
- **Name:** SOLEO COMMUNICATIONS, INC
- **Address:** 209 High Point Drive, Victor, NY, 14564
- **NAICS:** 517919
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $640K
- **Initial approval:** $640K
- **Forgiven:** $644K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $432K
- **Rent:** $92K
- **Utilities:** $8K
- **Health care:** $60K
- **Debt interest:** $49K
- **Jobs reported:** 31
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*