# PPP loan: ARTEC INDUSTRIES LLC.
> **$243K** approved 05/11/2020 · Paid in Full · Loan `4704427401`
## Borrower
- **Name:** ARTEC INDUSTRIES LLC.
- **Address:** 585 N 700 W Suite C, NORTH SALT LAKE, UT, 84054
- **NAICS:** 336330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $243K
- **Initial approval:** $243K
- **Forgiven:** $245K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $243K
- **Jobs reported:** 22
## Lender
- **Originating:** Mountain America FCU
- **Servicing:** Mountain America FCU (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*