# PPP loan: ERGOTECH CONTROLS INC A TEXAS
> **$1.02M** approved 04/14/2020 · Paid in Full · Loan `6671457107`
## Borrower
- **Name:** ERGOTECH CONTROLS INC A TEXAS
- **Address:** 3321 ESSEX DR, RICHARDSON, TX, 75082-9714
- **NAICS:** 423430
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.02M
- **Initial approval:** $1.02M
- **Forgiven:** $1.02M (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.02M
- **Jobs reported:** 65
## Lender
- **Originating:** Benchmark Bank
- **Servicing:** Benchmark Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*