# PPP loan: COMMUNICATIONS DEVELOPMENT INC.
> **$194K** approved 04/15/2020 · Paid in Full · Loan `8062297100`
## Borrower
- **Name:** COMMUNICATIONS DEVELOPMENT INC.
- **Address:** 1050 Thomas Jefferson Street NW Suite 210, Washington, DC, 20007
- **NAICS:** 561410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $195K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $145K
- **Rent:** $48K
- **Jobs reported:** 10
## 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*