# PPP loan: PRO-TECH EQUIPMENT COMPANY
> **$412K** approved 04/30/2020 · Paid in Full · Loan `5988857309`
## Borrower
- **Name:** PRO-TECH EQUIPMENT COMPANY
- **Address:** 213 4TH ST, COVINGTON, KY, 41011-1733
- **NAICS:** 425120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $412K
- **Initial approval:** $412K
- **Forgiven:** $416K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $330K
- **Rent:** $41K
- **Utilities:** $41K
- **Jobs reported:** 9
## Lender
- **Originating:** Central Bank & Trust Co.
- **Servicing:** Central Bank & Trust Co. (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*