# PPP loan: SI TEC CONSULTING
> **$457K** approved 04/14/2020 · Paid in Full · Loan `7995977100`
## Borrower
- **Name:** SI TEC CONSULTING
- **Address:** 10010 Junction Drive Suite 116-N, Annapolis Junction, MD, 20701
- **NAICS:** 541519
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $457K
- **Initial approval:** $457K
- **Forgiven:** $460K (101%)
- **Forgiveness date:** 01/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $398K
- **Rent:** $12K
- **Health care:** $47K
- **Jobs reported:** 25
## 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*