# PPP loan: CEMEN TECH, INC.
> **$2.12M** approved 04/07/2020 · Paid in Full · Loan `6699047006`
## Borrower
- **Name:** CEMEN TECH, INC.
- **Address:** 1700 N. 14TH ST, INDIANOLA, IA, 50125-1584
- **NAICS:** 333120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.12M
- **Initial approval:** $2.12M
- **Forgiven:** $2.15M (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.12M
- **Jobs reported:** 141
## Lender
- **Originating:** Bankers Trust Company
- **Servicing:** Bankers Trust Company (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*