# PPP loan: HITECH AUTOMATION INC.
> **$197K** approved 04/05/2020 · Paid in Full · Loan `5203657004`
## Borrower
- **Name:** HITECH AUTOMATION INC.
- **Address:** 1066 Executive Drive Suite 202, SAINT LOUIS, MO, 63141-6340
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $197K
- **Initial approval:** $197K
- **Forgiven:** $199K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $197K
- **Jobs reported:** 14
## Lender
- **Originating:** Commercial Bank
- **Servicing:** Commercial Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*