# PPP loan: GADGET SOFTWARE INC
> **$218K** approved 04/15/2020 · Paid in Full · Loan `9858617100`
## Borrower
- **Name:** GADGET SOFTWARE INC
- **Address:** 58 Park Place, 2nd Floor, Newark, NJ, 07102
- **NAICS:** 518210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $218K
- **Initial approval:** $218K
- **Forgiven:** $220K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $200K
- **Rent:** $17K
- **Utilities:** $2K
- **Jobs reported:** 25
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*