# PPP loan: TEC LABORATORIES, INC.
> **$723K** approved 04/14/2020 · Paid in Full · Loan `7601257105`
## Borrower
- **Name:** TEC LABORATORIES, INC.
- **Address:** 7100 tec labs way, ALBANY, OR, 97321
- **NAICS:** 325411
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $723K
- **Initial approval:** $723K
- **Forgiven:** $728K (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $723K
- **Jobs reported:** 47
## Lender
- **Originating:** KeyBank National Association
- **Servicing:** KeyBank National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*