# PPP loan: UNITECH COMPOSITES, INC.
> **$2.92M** approved 04/27/2020 · Paid in Full · Loan `4980937201`
## Borrower
- **Name:** UNITECH COMPOSITES, INC.
- **Address:** 10410 N AERO DR, HAYDEN, ID, 83835-8014
- **NAICS:** 333511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.92M
- **Initial approval:** $2.92M
- **Forgiven:** $2.96M (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.92M
- **Jobs reported:** 235
## Lender
- **Originating:** Hiawatha National Bank
- **Servicing:** Hiawatha National Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*