# PPP loan: AETEA INFORMATION TECHNOLOGY INC
> **$1.74M** approved 01/25/2021 · Paid in Full · Loan `5712798310`
## Borrower
- **Name:** AETEA INFORMATION TECHNOLOGY INC
- **Address:** 460 Norristown Rd Ste 100, Blue Bell, PA, 19422-2343
- **NAICS:** 561311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.74M
- **Initial approval:** $1.74M
- **Forgiven:** $1.76M (101%)
- **Forgiveness date:** 04/27/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.74M
- **Utilities:** $1
- **Jobs reported:** 58
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*