# PPP loan: NELTAC INC
> **$1.25M** approved 04/15/2020 · Paid in Full · Loan `2079867202`
## Borrower
- **Name:** NELTAC INC
- **Address:** 33650 6th Ave S Ste 230, FEDERAL WAY, WA, 98003-6755
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.25M
- **Initial approval:** $1.25M
- **Forgiven:** $1.25M (101%)
- **Forgiveness date:** 12/16/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.25M
- **Jobs reported:** 265
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*