# PPP loan: BESTEC CONCEPT INC
> **$984K** approved 04/15/2020 · Paid in Full · Loan `8007667101`
## Borrower
- **Name:** BESTEC CONCEPT INC
- **Address:** 140 58TH ST BLDG B UNIT 8D, BROOKLYN, NY, 11220-2560
- **NAICS:** 314999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $984K
- **Initial approval:** $984K
- **Forgiven:** $996K (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $984K
- **Jobs reported:** 190
## Lender
- **Originating:** HSBC Bank USA, National Association
- **Servicing:** HSBC Bank USA, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*