# PPP loan: EXPERITEC INC.
> **$4.50M** approved 04/04/2020 · Paid in Full · Loan `4998517006`
## Borrower
- **Name:** EXPERITEC INC.
- **Address:** TRADE CENTER BLVD, CHESTERFIELD, MO, 63005-1215
- **NAICS:** 423830
- **Business type:** Employee Stock Ownership Plan(ESOP)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.50M
- **Initial approval:** $4.50M
- **Forgiven:** $4.55M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.50M
- **Jobs reported:** 200
## Lender
- **Originating:** Village Bank and Trust, National Association
- **Servicing:** Village Bank and Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*