# PPP loan: AEROTECH, INC
> **$164K** approved 04/06/2020 · Paid in Full · Loan `6202947000`
## Borrower
- **Name:** AEROTECH, INC
- **Address:** 22500 LOOP 494, KINGWOOD, TX, 77339-2818
- **NAICS:** 811121
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $164K
- **Initial approval:** $164K
- **Forgiven:** $165K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $123K
- **Utilities:** $41K
- **Jobs reported:** 16
## Lender
- **Originating:** First Financial Bank
- **Servicing:** First Financial Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*