# PPP loan: AM-TEC DESIGNS, INC.
> **$207K** approved 04/30/2020 · Paid in Full · Loan `6952957307`
## Borrower
- **Name:** AM-TEC DESIGNS, INC.
- **Address:** 21080 Ozark Ct. N., SCANDIA, MN, 55073-2701
- **NAICS:** 332999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $207K
- **Initial approval:** $207K
- **Forgiven:** $209K (101%)
- **Forgiveness date:** 04/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $207K
- **Jobs reported:** 15
## Lender
- **Originating:** Luminate Bank
- **Servicing:** Luminate Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*