# PPP loan: SANT TEC ELECTRIC INC
> **$1.28M** approved 04/30/2020 · Paid in Full · Loan `4664147307`
## Borrower
- **Name:** SANT TEC ELECTRIC INC
- **Address:** 2017 41st Street, NORTH BERGEN, NJ, 07047
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.28M
- **Initial approval:** $1.28M
- **Forgiven:** $1.30M (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.28M
- **Jobs reported:** 146
## Lender
- **Originating:** Provident Bank
- **Servicing:** Provident Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*