# PPP loan: TEK ENTERPRISES, INC.
> **$342K** approved 04/30/2020 · Paid in Full · Loan `5238147309`
## Borrower
- **Name:** TEK ENTERPRISES, INC.
- **Address:** 7730 Airport Business Parkway, Van Nuys, CA, 91406
- **NAICS:** 339999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $342K
- **Initial approval:** $342K
- **Forgiven:** $347K (101%)
- **Forgiveness date:** 09/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $257K
- **Rent:** $43K
- **Utilities:** $43K
- **Jobs reported:** 43
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*