# PPP loan: ASSET INTERTECH INC
> **$649K** approved 04/27/2020 · Paid in Full · Loan `5215747200`
## Borrower
- **Name:** ASSET INTERTECH INC
- **Address:** 2201 N CENTRAL EXPWY STE 105, RICHARDSON, TX, 75080
- **NAICS:** 511210
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $649K
- **Initial approval:** $649K
- **Forgiven:** $653K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $596K
- **Mortgage interest:** $50K
- **Utilities:** $3K
- **Jobs reported:** 29
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*