# PPP loan: ETEK IT SERVICES INC.
> **$896K** approved 04/14/2020 · Paid in Full · Loan `7217347103`
## Borrower
- **Name:** ETEK IT SERVICES INC.
- **Address:** 830 E HIGGINS RD STE 102, SCHAUMBURG, IL, 60173
- **NAICS:** 541519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $896K
- **Initial approval:** $896K
- **Forgiven:** $903K (101%)
- **Forgiveness date:** 02/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $896K
- **Jobs reported:** 45
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*