# PPP loan: PROFESSIONAL TECHNICIANS INCORPORATED
> **$566K** approved 04/08/2020 · Paid in Full · Loan `8343097008`
## Borrower
- **Name:** PROFESSIONAL TECHNICIANS INCORPORATED
- **Address:** 100 BIDDLE AVE Suite 200, NEWARK, DE, 19702-3974
- **NAICS:** 621610
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $566K
- **Initial approval:** $566K
- **Forgiven:** $569K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $545K
- **Health care:** $21K
- **Jobs reported:** 60
## Lender
- **Originating:** Wilmington Savings Fund Society, FSB
- **Servicing:** Wilmington Savings Fund Society, FSB (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*