# PPP loan: S TEC CORPORATION
> **$2.19M** approved 04/08/2020 · Paid in Full · Loan `7707017003`
## Borrower
- **Name:** S TEC CORPORATION
- **Address:** One S-Tec Way, MINERAL WELLS, TX, 76067-9236
- **NAICS:** 336413
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.19M
- **Initial approval:** $2.19M
- **Forgiven:** $2.22M (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.19M
- **Jobs reported:** 144
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*