# PPP loan: METRITECH, INC.
> **$377K** approved 04/06/2020 · Paid in Full · Loan `5629737001`
## Borrower
- **Name:** METRITECH, INC.
- **Address:** 4106 Fieldstone Rd, CHAMPAIGN, IL, 61822-8801
- **NAICS:** 541618
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $377K
- **Initial approval:** $429K
- **Forgiven:** $379K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $283K
- **Rent:** $94K
- **Jobs reported:** 40
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*