# PPP loan: O'TECH CORPORATION
> **$1.17M** approved 01/16/2021 · Paid in Full · Loan `1174838302`
## Borrower
- **Name:** O'TECH CORPORATION
- **Address:** 4744 E Oak Knoll Rd, Rolling Prairie, IN, 46371-9491
- **NAICS:** 325211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.17M
- **Initial approval:** $1.17M
- **Forgiven:** $1.17M (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.17M
- **Utilities:** $1
- **Jobs reported:** 84
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*