# PPP loan: TEC ENGINEERING CORP
> **$241K** approved 04/03/2020 · Paid in Full · Loan `4471677001`
## Borrower
- **Name:** TEC ENGINEERING CORP
- **Address:** TOWN FOREST RD, OXFORD, MA, 01540-2800
- **NAICS:** 333249
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $241K
- **Initial approval:** $241K
- **Forgiven:** $243K (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $241K
- **Jobs reported:** 14
## Lender
- **Originating:** bankHometown
- **Servicing:** bankHometown (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*