# PPP loan: ESS TEC INC.
> **$798K** approved 01/23/2021 · Paid in Full · Loan `4623508308`
## Borrower
- **Name:** ESS TEC INC.
- **Address:** 14601 Creek Edge Dr, Holland, MI, 49424-1669
- **NAICS:** 326199
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $798K
- **Initial approval:** $798K
- **Forgiven:** $804K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $798K
- **Utilities:** $1
- **Jobs reported:** 85
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*