# PPP loan: LU-TEK INC
> **$640K** approved 04/05/2020 · Paid in Full · Loan `5238247010`
## Borrower
- **Name:** LU-TEK INC
- **Address:** 5315 Xenon Street, ARVADA, CO, 80002-1348
- **NAICS:** 314120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $640K
- **Initial approval:** $640K
- **Forgiven:** $643K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $640K
- **Jobs reported:** 200
## Lender
- **Originating:** Glacier Bank
- **Servicing:** Glacier Bank (MT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*