# PPP loan: MEADOWGATE TECHNOLOGIES, LLC
> **$326K** approved 04/28/2020 · Paid in Full · Loan `8838587200`
## Borrower
- **Name:** MEADOWGATE TECHNOLOGIES, LLC
- **Address:** 171 Jersey Street, Trenton, NJ, 08611
- **NAICS:** 541519
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $326K
- **Initial approval:** $326K
- **Forgiven:** $330K (101%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $247K
- **Rent:** $65K
- **Health care:** $13K
- **Jobs reported:** 20
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*