# PPP loan: TRI-TECH ELECTRONICS, INC.
> **$425K** approved 04/10/2020 · Paid in Full · Loan `2403137100`
## Borrower
- **Name:** TRI-TECH ELECTRONICS, INC.
- **Address:** 9480 COLONIAL DR, ORLANDO, FL, 32817-4151
- **NAICS:** 335999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $425K
- **Initial approval:** $425K
- **Forgiven:** $430K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $358K
- **Mortgage interest:** $36K
- **Utilities:** $31K
- **Jobs reported:** 69
## Lender
- **Originating:** Cogent Bank
- **Servicing:** Cogent Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*