# PPP loan: MITEC CONTROLS, INC.
> **$1.19M** approved 05/01/2020 · Paid in Full · Loan `8023597300`
## Borrower
- **Name:** MITEC CONTROLS, INC.
- **Address:** 2445 MEADOWBROOK PKWY, DULUTH, GA, 30096-4636
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.19M
- **Initial approval:** $1.19M
- **Forgiven:** $1.20M (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.19M
- **Jobs reported:** 18
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*