# PPP loan: COLORTECH INC.
> **$213K** approved 04/15/2020 · Paid in Full · Loan `1866507204`
## Borrower
- **Name:** COLORTECH INC.
- **Address:** 232 S. 9TH ST, LEBANON, PA, 17042-5902
- **NAICS:** 323111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $213K
- **Initial approval:** $213K
- **Forgiven:** $215K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $101K
- **Rent:** $15K
- **Mortgage interest:** $30K
- **Utilities:** $14K
- **Health care:** $42K
- **Debt interest:** $11K
- **Jobs reported:** 35
## Lender
- **Originating:** First Citizens Community Bank
- **Servicing:** First Citizens Community Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*