# PPP loan: ARTEC GROUP CORP
> **$178K** approved 01/23/2021 · Charged Off · Loan `4788418303`
## Borrower
- **Name:** ARTEC GROUP CORP
- **Address:** 92 Bell St, Orange, NJ, 07050-1511
- **NAICS:** 238320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $178K
- **Initial approval:** $178K
- **Forgiven:** $49K (27%)
- **Forgiveness date:** 10/06/2022
- **Status:** Charged Off
- **Term:** 33 months
## Use of funds
- **Payroll:** $178K
- **Jobs reported:** 15
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*