# PPP loan: CHORTEK LLP
> **$709K** approved 04/06/2020 · Paid in Full · Loan `6054107003`
## Borrower
- **Name:** CHORTEK LLP
- **Address:** N19W24133 Westwood Dr, WAUKESHA, WI, 53188-1172
- **NAICS:** 541618
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $709K
- **Initial approval:** $584K
- **Forgiven:** $713K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $532K
- **Rent:** $177K
- **Jobs reported:** 42
## Lender
- **Originating:** Town Bank, National Association
- **Servicing:** Town Bank, National Association (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*