# PPP loan: TRI-TECH ENERGY INC.
> **$607K** approved 01/27/2021 · Exemption 4 · Loan `6922408301`
## Borrower
- **Name:** TRI-TECH ENERGY INC.
- **Address:** 3 Mars Ct, Boonton Twp, NJ, 07005-9308
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $607K
- **Initial approval:** $607K
- **Forgiven:** $581K (96%)
- **Forgiveness date:** 10/25/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $607K
- **Utilities:** $1
- **Jobs reported:** 33
## Lender
- **Originating:** Columbia Bank
- **Servicing:** Columbia Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*