# PPP loan: ALTEC ENGINEERING, INC.
> **$773K** approved 04/08/2020 · Paid in Full · Loan `7953227002`
## Borrower
- **Name:** ALTEC ENGINEERING, INC.
- **Address:** 2401 W Mishawaka Rd, ELKHART, IN, 46517-4041
- **NAICS:** 326199
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $773K
- **Initial approval:** $773K
- **Forgiven:** $778K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $773K
- **Jobs reported:** 82
## 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*