# PPP loan: ITECHART GROUP INC.
> **$300K** approved 04/28/2020 · Paid in Full · Loan `8184467210`
## Borrower
- **Name:** ITECHART GROUP INC.
- **Address:** 200 MIDDLESEX TPKE STE 204, Iselin, NJ, 08830
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $302K (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $225K
- **Mortgage interest:** $75K
- **Jobs reported:** 26
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*