# PPP loan: FIBERTECH INC
> **$873K** approved 02/12/2021 · Paid in Full · Loan `8102508409`
## Borrower
- **Name:** FIBERTECH INC
- **Address:** 11744 Blue Bell Rd, Elberfeld, IN, 47613-9455
- **NAICS:** 325211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $873K
- **Initial approval:** $873K
- **Forgiven:** $876K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $873K
- **Utilities:** $1
- **Jobs reported:** 76
## Lender
- **Originating:** German American Bank
- **Servicing:** German American Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*