# PPP loan: ALLEN'S NUTECH, INC.
> **$600K** approved 01/16/2021 · Paid in Full · Loan `1318138304`
## Borrower
- **Name:** ALLEN'S NUTECH, INC.
- **Address:** 1301 Clinic Dr, Tyler, TX, 75701-2120
- **NAICS:** 325412
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $600K
- **Initial approval:** $600K
- **Forgiven:** $605K (101%)
- **Forgiveness date:** 11/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $600K
- **Utilities:** $1
- **Jobs reported:** 65
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*