# PPP loan: CONTEC AMERICAS INC.
> **$1.19M** approved 02/19/2021 · Paid in Full · Loan `1881518506`
## Borrower
- **Name:** CONTEC AMERICAS INC.
- **Address:** 3991 Sarno Rd, Melbourne, FL, 32934-7239
- **NAICS:** 334111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.19M
- **Initial approval:** $1.43M
- **Forgiven:** $1.20M (101%)
- **Forgiveness date:** 03/30/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.19M
- **Utilities:** $1
- **Jobs reported:** 97
## Lender
- **Originating:** Benworth Capital
- **Servicing:** Benworth Capital (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*