# PPP loan: TECH TUBE, INC.
> **$962K** approved 04/14/2020 · Paid in Full · Loan `7424977107`
## Borrower
- **Name:** TECH TUBE, INC.
- **Address:** 750 Vandenburg Road, King of Prussia, PA, 19406
- **NAICS:** 331210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $962K
- **Initial approval:** $962K
- **Forgiven:** $970K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $750K
- **Utilities:** $87K
- **Health care:** $125K
- **Jobs reported:** 135
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*