# PPP loan: NU-TEK PRECISION OPTICAL CORPORATION
> **$299K** approved 01/22/2021 · Paid in Full · Loan `4123058308`
## Borrower
- **Name:** NU-TEK PRECISION OPTICAL CORPORATION
- **Address:** 1202 Technology Dr, Aberdeen, MD, 21001-1245
- **NAICS:** 333314
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $299K
- **Initial approval:** $299K
- **Forgiven:** $301K (101%)
- **Forgiveness date:** 08/18/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $299K
- **Utilities:** $1
- **Jobs reported:** 27
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*