# PPP loan: EMIT TECHNOLOGIES, INC
> **$1.40M** approved 04/03/2020 · Exemption 4 · Loan `4467987008`
## Borrower
- **Name:** EMIT TECHNOLOGIES, INC
- **Address:** 2571 N. Main St, SHERIDAN, WY, 82801-9227
- **NAICS:** 334515
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.40M
- **Initial approval:** $1.40M
- **Forgiven:** $1.19M (85%)
- **Forgiveness date:** 11/10/2020
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.40M
- **Jobs reported:** 78
## Lender
- **Originating:** First Federal Bank & Trust
- **Servicing:** First Federal Bank & Trust (WY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*