# PPP loan: CYNERGISTEK, INC
> **$2.83M** approved 04/10/2020 · Paid in Full · Loan `1579047107`
## Borrower
- **Name:** CYNERGISTEK, INC
- **Address:** 11940 Jolleyville Rd, AUSTIN, TX, 78759-2327
- **NAICS:** 561410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.83M
- **Initial approval:** $2.83M
- **Forgiven:** $2.86M (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.83M
- **Jobs reported:** 120
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*