# PPP loan: TECTRAN MFG INC
> **$1.68M** approved 05/01/2020 · Paid in Full · Loan `5501467701`
## Borrower
- **Name:** TECTRAN MFG INC
- **Address:** 2345 Walden Ave Ste 100, Cheektowaga, NY, 14225
- **NAICS:** 336211
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.68M
- **Initial approval:** $1.68M
- **Forgiven:** $1.69M (101%)
- **Forgiveness date:** 12/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.68M
- **Jobs reported:** 163
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*