# PPP loan: DURATECH INDUSTRIES INTERNATIONAL, INC.
> **$1.48M** approved 04/04/2020 · Paid in Full · Loan `4690957002`
## Borrower
- **Name:** DURATECH INDUSTRIES INTERNATIONAL, INC.
- **Address:** 3780 HWY 281 SE, JAMESTOWN, ND, 58401-9421
- **NAICS:** 333318
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.48M
- **Initial approval:** $1.10M
- **Forgiven:** $1.49M (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.48M
- **Jobs reported:** 92
## Lender
- **Originating:** Cornerstone Bank
- **Servicing:** Cornerstone Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*