# PPP loan: VAKTECH CORPORATION LLC
> **$1.02M** approved 05/12/2020 · Paid in Full · Loan `5399927406`
## Borrower
- **Name:** VAKTECH CORPORATION LLC
- **Address:** 1 ROSSMOOR DR STE 21, MONROE TOWNSHIP, NJ, 08831-1593
- **NAICS:** 541519
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.02M
- **Initial approval:** $971K
- **Forgiven:** $981K (96%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.02M
- **Jobs reported:** 53
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*