# PPP loan: V-TEK INC.
> **$613K** approved 01/23/2021 · Paid in Full · Loan `4480278302`
## Borrower
- **Name:** V-TEK INC.
- **Address:** 751 Summit Ave, Mankato, MN, 56001-2717
- **NAICS:** 333242
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $613K
- **Initial approval:** $613K
- **Forgiven:** $615K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $613K
- **Utilities:** $1
- **Jobs reported:** 51
## Lender
- **Originating:** United Prairie Bank
- **Servicing:** United Prairie Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*