# PPP loan: LENTEC INC
> **$192K** approved 04/30/2020 · Paid in Full · Loan `6699897308`
## Borrower
- **Name:** LENTEC INC
- **Address:** 11910 State Highway 99 West, RED BLUFF, CA, 96080
- **NAICS:** 332996
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $192K
- **Initial approval:** $192K
- **Forgiven:** $195K (101%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $154K
- **Rent:** $27K
- **Utilities:** $12K
- **Jobs reported:** 28
## Lender
- **Originating:** Banner Bank
- **Servicing:** Banner Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*