# PPP loan: DESTECH CORPORATION
> **$743K** approved 05/04/2020 · Paid in Full · Loan `1477037408`
## Borrower
- **Name:** DESTECH CORPORATION
- **Address:** 401 East Irvington Road, Tucson, AZ, 85714
- **NAICS:** 333511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $743K
- **Initial approval:** $743K
- **Forgiven:** $752K (101%)
- **Forgiveness date:** 09/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $743K
- **Jobs reported:** 60
## Lender
- **Originating:** Cache Valley Bank
- **Servicing:** Cache Valley Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*