# PPP loan: ALTEK BUSINESS SYSTEMS, INC
> **$303K** approved 04/05/2020 · Paid in Full · Loan `5380717010`
## Borrower
- **Name:** ALTEK BUSINESS SYSTEMS, INC
- **Address:** 300 EMLEN WAY, TELFORD, PA, 18969-1722
- **NAICS:** 423420
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $303K
- **Initial approval:** $303K
- **Forgiven:** $304K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $303K
- **Jobs reported:** 23
## Lender
- **Originating:** QNB Bank
- **Servicing:** QNB Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*