# PPP loan: TECHNICAL PRODUCTS, INC.
> **$167K** approved 04/29/2020 · Paid in Full · Loan `2490167302`
## Borrower
- **Name:** TECHNICAL PRODUCTS, INC.
- **Address:** 50 PRATTS JUNCTION RD, STERLING, MA, 01564-2340
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $167K
- **Initial approval:** $167K
- **Forgiven:** $168K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Mortgage interest:** $3K
- **Utilities:** $4K
- **Jobs reported:** 13
## Lender
- **Originating:** Middlesex Savings Bank
- **Servicing:** Middlesex Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*