# PPP loan: TECOGEN INC
> **$1.87M** approved 01/28/2021 · Paid in Full · Loan `7532858306`
## Borrower
- **Name:** TECOGEN INC
- **Address:** 45 1st Ave, Waltham, MA, 02451-1105
- **NAICS:** 336310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.87M
- **Initial approval:** $1.87M
- **Forgiven:** $1.89M (101%)
- **Forgiveness date:** 09/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.87M
- **Utilities:** $1
- **Jobs reported:** 79
## Lender
- **Originating:** Webster Bank National Association
- **Servicing:** Webster Bank National Association (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*