# PPP loan: ERGOTECH CONTROLS INC A TEXAS
> **$1.08M** approved 01/16/2021 · Paid in Full · Loan `1199348304`
## Borrower
- **Name:** ERGOTECH CONTROLS INC A TEXAS
- **Address:** 3321 Essex Dr, Richardson, TX, 75082-9714
- **NAICS:** 423430
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.08M
- **Initial approval:** $1.08M
- **Forgiven:** $1.08M (101%)
- **Forgiveness date:** 09/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.08M
- **Utilities:** $1
- **Jobs reported:** 65
## Lender
- **Originating:** Benchmark Bank
- **Servicing:** Benchmark Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*