# PPP loan: LAMITECH INC
> **$465K** approved 04/16/2020 · Paid in Full · Loan `2488597205`
## Borrower
- **Name:** LAMITECH INC
- **Address:** 322 Half Acre Rd, CRANBURY, NJ, 08512-3254
- **NAICS:** 424130
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $465K
- **Initial approval:** $465K
- **Forgiven:** $469K (101%)
- **Forgiveness date:** 02/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $465K
- **Jobs reported:** 31
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*