# PPP loan: UTECH PRODUCTS, INC
> **$712K** approved 04/10/2020 · Paid in Full · Loan `1787097105`
## Borrower
- **Name:** UTECH PRODUCTS, INC
- **Address:** 135 Broadway, SCHENECTADY, NY, 12305-2501
- **NAICS:** 531120
- **Business type:** Corporation
- **Business age:** Change of Ownership
## Loan
- **Approval amount:** $712K
- **Initial approval:** $712K
- **Forgiven:** $716K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $712K
- **Jobs reported:** 43
## Lender
- **Originating:** Tompkins Bank of Castile, A Branch of
- **Servicing:** Tompkins Community Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*