# PPP loan: DUAL TECH, INC
> **$301K** approved 04/08/2020 · Paid in Full · Loan `8400997004`
## Borrower
- **Name:** DUAL TECH, INC
- **Address:** 321 Industrial Drive, BEAN STATION, TN, 37708-6241
- **NAICS:** 336211
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $301K
- **Initial approval:** $301K
- **Forgiven:** $303K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $272K
- **Rent:** $14K
- **Utilities:** $14K
- **Health care:** $2K
- **Jobs reported:** 40
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*