# PPP loan: TESTO INC.
> **$1.07M** approved 04/30/2020 · Paid in Full · Loan `7096047306`
## Borrower
- **Name:** TESTO INC.
- **Address:** 40 WHITE LAKE RD, STE A, SPARTA, NJ, 07871-3248
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.07M
- **Initial approval:** $1.07M
- **Forgiven:** $1.08M (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.07M
- **Jobs reported:** 50
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*