# PPP loan: INTELLECT TECHNOLOGIES INC
> **$306K** approved 04/01/2021 · Paid in Full · Loan `4201478704`
## Borrower
- **Name:** INTELLECT TECHNOLOGIES INC
- **Address:** 4301 US Highway 1 Ste 120, Monmouth Junction, NJ, 08852-1973
- **NAICS:** 541519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $306K
- **Initial approval:** $306K
- **Forgiven:** $308K (101%)
- **Forgiveness date:** 11/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $306K
- **Jobs reported:** 16
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*