# PPP loan: PUMPTEC INC
> **$342K** approved 04/27/2020 · Paid in Full · Loan `4396317204`
## Borrower
- **Name:** PUMPTEC INC
- **Address:** 700 MCKINLEY ST, ANOKA, MN, 55303-1200
- **NAICS:** 333996
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $342K
- **Initial approval:** $342K
- **Forgiven:** $344K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $342K
- **Jobs reported:** 24
## Lender
- **Originating:** First Bank Elk River
- **Servicing:** First Bank Elk River (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*