# PPP loan: RESPITECH MEDICAL INC
> **$574K** approved 03/31/2021 · Paid in Full · Loan `3357908704`
## Borrower
- **Name:** RESPITECH MEDICAL INC
- **Address:** 250 Ranck Ave, Lancaster, PA, 17602-2516
- **NAICS:** 423450
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $574K
- **Initial approval:** $574K
- **Forgiven:** $579K (101%)
- **Forgiveness date:** 02/23/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $574K
- **Utilities:** $1
- **Jobs reported:** 61
## Lender
- **Originating:** Meridian Bank
- **Servicing:** Meridian Bank (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*