# PPP loan: TEC EQUIPMENT, INC.
> **$4.12M** approved 04/10/2020 · Paid in Full · Loan `1954227105`
## Borrower
- **Name:** TEC EQUIPMENT, INC.
- **Address:** 750 NE Columbia Blvd., PORTLAND, OR, 97211-1406
- **NAICS:** 441228
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.12M
- **Initial approval:** $4.12M
- **Forgiven:** $4.17M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.12M
- **Jobs reported:** 384
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*