# PPP loan: HYTECH TOOL & DESIGN CO.
> **$222K** approved 04/05/2020 · Paid in Full · Loan `5544787006`
## Borrower
- **Name:** HYTECH TOOL & DESIGN CO.
- **Address:** 12076 EDINBORO RD, EDINBORO, PA, 16412-1022
- **NAICS:** 333517
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $222K
- **Initial approval:** $222K
- **Forgiven:** $224K (101%)
- **Forgiveness date:** 02/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $167K
- **Rent:** $56K
- **Jobs reported:** 18
## Lender
- **Originating:** CNB Bank
- **Servicing:** CNB Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*