# PPP loan: NARTECH INC
> **$368K** approved 04/28/2021 · Paid in Full · Loan `4018178906`
## Borrower
- **Name:** NARTECH INC
- **Address:** 5918 Ipswich Rd, Bethesda, MD, 20814-1810
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $368K
- **Initial approval:** $368K
- **Forgiven:** $370K (101%)
- **Forgiveness date:** 01/18/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $368K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** Santander Bank, National Association
- **Servicing:** Santander Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*