# PPP loan: MEASUREMENT TECHNOLOGIES, INC.
> **$555K** approved 04/07/2020 · Paid in Full · Loan `7335257003`
## Borrower
- **Name:** MEASUREMENT TECHNOLOGIES, INC.
- **Address:** CAPITAL BLVD, HOUMA, LA, 70360-7913
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $555K
- **Initial approval:** $555K
- **Forgiven:** $561K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $502K
- **Rent:** $49K
- **Utilities:** $4K
- **Jobs reported:** 14
## Lender
- **Originating:** b1BANK
- **Servicing:** b1BANK (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*