# PPP loan: REPEAT BUSINESS SYSTEMS, INC
> **$1.09M** approved 04/15/2020 · Paid in Full · Loan `8563277103`
## Borrower
- **Name:** REPEAT BUSINESS SYSTEMS, INC
- **Address:** 4 Fritz Boulevard, Albany, NY, 12205
- **NAICS:** 811212
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.09M
- **Initial approval:** $1.09M
- **Forgiven:** $1.09M (101%)
- **Forgiveness date:** 03/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $978K
- **Rent:** $35K
- **Utilities:** $4K
- **Health care:** $45K
- **Debt interest:** $24K
- **Jobs reported:** 59
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*