# PPP loan: ITEK
> **$748K** approved 04/15/2020 · Paid in Full · Loan `1193087203`
## Borrower
- **Name:** ITEK
- **Address:** 25501 Arctic Ocean, Lake Foest, CA, 92630
- **NAICS:** 334419
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $748K
- **Initial approval:** $748K
- **Forgiven:** $755K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $748K
- **Jobs reported:** 46
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*