# PPP loan: NORTECH NORTH AMERICA INC
> **$791K** approved 04/28/2020 · Paid in Full · Loan `6417987205`
## Borrower
- **Name:** NORTECH NORTH AMERICA INC
- **Address:** 12310 Pinecrest Rd, Suite #306, Reston, VA, 20191
- **NAICS:** 541690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $791K
- **Initial approval:** $791K
- **Forgiven:** $797K (101%)
- **Forgiveness date:** 02/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $791K
- **Jobs reported:** 51
## Lender
- **Originating:** Primis Bank
- **Servicing:** Primis Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*