# PPP loan: UNITEC DISTRIBUTION SYSTEMS INC
> **$188K** approved 04/08/2020 · Paid in Full · Loan `8087237002`
## Borrower
- **Name:** UNITEC DISTRIBUTION SYSTEMS INC
- **Address:** 289 GREEN ST, WESTMINSTER, MD, 21157-5417
- **NAICS:** 812331
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $188K
- **Initial approval:** $188K
- **Forgiven:** $190K (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $188K
- **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*