# PPP loan: TECH-OPTICS INC
> **$221K** approved 04/16/2020 · Paid in Full · Loan `2938657208`
## Borrower
- **Name:** TECH-OPTICS INC
- **Address:** 2829 Bird Ave 112,, Coconut Grove, FL, 33133-4607
- **NAICS:** 424120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $221K
- **Initial approval:** $221K
- **Forgiven:** $224K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $221K
- **Jobs reported:** 15
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*