# PPP loan: TECNOVA INC.
> **$343K** approved 02/19/2021 · Paid in Full · Loan `1851888500`
## Borrower
- **Name:** TECNOVA INC.
- **Address:** 2383 N Delany Rd, Waukegan, IL, 60087-1836
- **NAICS:** 334418
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $343K
- **Initial approval:** $343K
- **Forgiven:** $346K (101%)
- **Forgiveness date:** 11/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $343K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** CIBC Bank USA
- **Servicing:** CIBC Bank USA (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*