# PPP loan: WRIGHT-K TECHNOLOGY, INC.
> **$484K** approved 04/03/2020 · Paid in Full · Loan `4440087009`
## Borrower
- **Name:** WRIGHT-K TECHNOLOGY, INC.
- **Address:** 2025 E. Genesee, SAGINAW, MI, 48601-2425
- **NAICS:** 333992
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $484K
- **Initial approval:** $484K
- **Forgiven:** $487K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $427K
- **Mortgage interest:** $15K
- **Utilities:** $12K
- **Health care:** $30K
- **Jobs reported:** 30
## Lender
- **Originating:** 1st State Bank
- **Servicing:** 1st State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*