# PPP loan: ALTEK BUSINESS SYSTEMS INC.
> **$303K** approved 01/25/2021 · Paid in Full · Loan `5600368305`
## Borrower
- **Name:** ALTEK BUSINESS SYSTEMS INC.
- **Address:** 300 Emlen Way, Telford, PA, 18969-1722
- **NAICS:** 453998
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $303K
- **Initial approval:** $303K
- **Forgiven:** $305K (101%)
- **Forgiveness date:** 11/05/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $303K
- **Jobs reported:** 24
## 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*