# PPP loan: ELEKTROTEK CORPORATION
> **$1.32M** approved 04/29/2020 · Paid in Full · Loan `3909257310`
## Borrower
- **Name:** ELEKTROTEK CORPORATION
- **Address:** 7745 S 10TH ST, OAK CREEK, WI, 53154-1913
- **NAICS:** 334418
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.32M
- **Initial approval:** $1.32M
- **Forgiven:** $1.33M (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.32M
- **Jobs reported:** 128
## Lender
- **Originating:** Texas Champion Bank
- **Servicing:** Texas Champion Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*