# PPP loan: ELTECH INDUSTRIES, INC.
> **$3.99M** approved 05/01/2020 · Paid in Full · Loan `1623667702`
## Borrower
- **Name:** ELTECH INDUSTRIES, INC.
- **Address:** 14 VAN CORTLANDT AVE E, BRONX, NY, 10468
- **NAICS:** 811490
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.99M
- **Initial approval:** $3.99M
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.47M
- **Health care:** $1.52M
- **Jobs reported:** 148
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*