# PPP loan: TECNAU, INC.
> **$1.45M** approved 04/30/2020 · Paid in Full · Loan `4850107310`
## Borrower
- **Name:** TECNAU, INC.
- **Address:** 4 SUBURBAN PARK DR, BILLERICA, MA, 01821-3904
- **NAICS:** 333244
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.45M
- **Initial approval:** $1.37M
- **Forgiven:** $1.34M (93%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.16M
- **Mortgage interest:** $289K
- **Jobs reported:** 68
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*