# PPP loan: HI TECH INC
> **$740K** approved 04/07/2020 · Paid in Full · Loan `6879797005`
## Borrower
- **Name:** HI TECH INC
- **Address:** 16822 Pacific Hwy S, SPANAWAY, WA, 98387
- **NAICS:** 811121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $740K
- **Initial approval:** $740K
- **Forgiven:** $746K (101%)
- **Forgiveness date:** 01/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $740K
- **Jobs reported:** 56
## Lender
- **Originating:** 1st Security Bank of Washington
- **Servicing:** 1st Security Bank of Washington (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*