# PPP loan: SVTRONICS, INC
> **$1.40M** approved 04/07/2020 · Paid in Full · Loan `6645897008`
## Borrower
- **Name:** SVTRONICS, INC
- **Address:** 3465 TECHNOLOGY DR, PLANO, TX, 75074-7433
- **NAICS:** 334418
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.40M
- **Initial approval:** $1.45M
- **Forgiven:** $1.41M (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.40M
- **Jobs reported:** 132
## Lender
- **Originating:** Texas Champion Bank
- **Servicing:** Texas Champion Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*