# PPP loan: LAP TECH INDUSTRIES INC.
> **$372K** approved 01/22/2021 · Paid in Full · Loan `3844508307`
## Borrower
- **Name:** LAP TECH INDUSTRIES INC.
- **Address:** 1605 Timberland Ct, York, SC, 29745-0955
- **NAICS:** 333514
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $372K
- **Initial approval:** $372K
- **Forgiven:** $375K (101%)
- **Forgiveness date:** 11/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $371K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** NexTier Bank, National Association
- **Servicing:** NexTier Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*