# PPP loan: TEKTON, INC.
> **$1.08M** approved 04/11/2020 · Paid in Full · Loan `3313987109`
## Borrower
- **Name:** TEKTON, INC.
- **Address:** 3707 ROGER B CHAFFEE MEM DR  SE, GRAND RAPIDS, MI, 49548-3435
- **NAICS:** 453998
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.08M
- **Initial approval:** $1.08M
- **Forgiven:** $1.09M (101%)
- **Forgiveness date:** 04/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.08M
- **Jobs reported:** 86
## Lender
- **Originating:** Independent Bank
- **Servicing:** Independent Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*