# PPP loan: AMATECH, INC.
> **$631K** approved 04/06/2020 · Paid in Full · Loan `5937637008`
## Borrower
- **Name:** AMATECH, INC.
- **Address:** 1460 Grimm DR, ERIE, PA, 16501-1572
- **NAICS:** 541430
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $631K
- **Initial approval:** $631K
- **Forgiven:** $639K (101%)
- **Forgiveness date:** 07/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $505K
- **Mortgage interest:** $6K
- **Utilities:** $120K
- **Jobs reported:** 77
## 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*