# PPP loan: TECHNIK INC.
> **$1.01M** approved 04/28/2020 · Paid in Full · Loan `8339877210`
## Borrower
- **Name:** TECHNIK INC.
- **Address:** 12950 World Gate Drive Suite 11-, HERNDON, VA, 20170-6005
- **NAICS:** 541990
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.01M
- **Initial approval:** $1.01M
- **Forgiven:** $1.02M (101%)
- **Forgiveness date:** 08/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.01M
- **Jobs reported:** 56
## Lender
- **Originating:** Sandy Spring Bank
- **Servicing:** Sandy Spring Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*