# PPP loan: BALLAST TECHNOLOGIES INC
> **$162K** approved 02/06/2021 · Paid in Full · Loan `4395538401`
## Borrower
- **Name:** BALLAST TECHNOLOGIES INC
- **Address:** 4620 S Coach Dr, Tucson, AZ, 85714-3442
- **NAICS:** 488390
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $159K (98%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $162K
- **Utilities:** $1
- **Jobs reported:** 8
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*