# PPP loan: ALLTEC LLC
> **$244K** approved 02/05/2021 · Paid in Full · Loan `3982038404`
## Borrower
- **Name:** ALLTEC LLC
- **Address:** 64 Catalyst Dr, Canton, NC, 28716-8726
- **NAICS:** 335931
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $244K
- **Initial approval:** $244K
- **Forgiven:** $246K (101%)
- **Forgiveness date:** 11/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $244K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** LendingClub Bank, National Association
- **Servicing:** LendingClub Bank, National Association (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*