# PPP loan: MAHANTECH CORPORATION
> **$562K** approved 04/15/2020 · Paid in Full · Loan `1614557201`
## Borrower
- **Name:** MAHANTECH CORPORATION
- **Address:** 405 CAPITOL ST STE 101, CHARLESTON, WV, 25301
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $562K
- **Initial approval:** $562K
- **Forgiven:** $571K (101%)
- **Forgiveness date:** 10/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $562K
- **Jobs reported:** 43
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*