# PPP loan: SUPERCONDUCTOR TECHNOLOGIES INC
> **$468K** approved 02/25/2021 · Charged Off · Loan `4023398504`
## Borrower
- **Name:** SUPERCONDUCTOR TECHNOLOGIES INC
- **Address:** 15511 W Highway 71 Ste 110-105, Austin, TX, 78738-2824
- **NAICS:** 334220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $468K
- **Initial approval:** $468K
- **Status:** Charged Off
- **Term:** 40 months
## Use of funds
- **Payroll:** $468K
- **Utilities:** $1
- **Jobs reported:** 28
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*