# PPP loan: DELTEC INCORPORATED
> **$650K** approved 08/06/2020 · Paid in Full · Loan `4645868203`
## Borrower
- **Name:** DELTEC INCORPORATED
- **Address:** 4230 Grissom Drive Batvia, Batavia, OH, 45103-1669
- **NAICS:** 332999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $650K
- **Initial approval:** $650K
- **Forgiven:** $658K (101%)
- **Forgiveness date:** 11/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $490K
- **Utilities:** $10K
- **Health care:** $150K
- **Jobs reported:** 48
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*