# PPP loan: OMNITECH, INC
> **$765K** approved 04/07/2020 · Paid in Full · Loan `7301517000`
## Borrower
- **Name:** OMNITECH, INC
- **Address:** 5841 S. Corporate Place, SIOUX FALLS, SD, 57108-5027
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $765K
- **Initial approval:** $765K
- **Forgiven:** $769K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $765K
- **Jobs reported:** 50
## Lender
- **Originating:** Security National Bank of South Dakota
- **Servicing:** Security National Bank of South Dakota (SD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*