# PPP loan: ORATECH LABORATORIES INC.
> **$329K** approved 02/19/2021 · Paid in Full · Loan `1596828506`
## Borrower
- **Name:** ORATECH LABORATORIES INC.
- **Address:** 4777 Alex Blvd, Springfield, IL, 62711-6346
- **NAICS:** 621511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $329K
- **Initial approval:** $329K
- **Forgiven:** $330K (100%)
- **Forgiveness date:** 06/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $329K
- **Jobs reported:** 42
## Lender
- **Originating:** INB, National Association
- **Servicing:** INB, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*