# PPP loan: BESTEC CONCEPT INC
> **$984K** approved 01/22/2021 · Paid in Full · Loan `4126668309`
## Borrower
- **Name:** BESTEC CONCEPT INC
- **Address:** 140 58th St Ste 8D, Brooklyn, NY, 11220-2560
- **NAICS:** 315210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $984K
- **Initial approval:** $984K
- **Forgiven:** $997K (101%)
- **Forgiveness date:** 05/18/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $984K
- **Utilities:** $1
- **Jobs reported:** 190
## Lender
- **Originating:** HSBC Bank USA, National Association
- **Servicing:** HSBC Bank USA, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*