# PPP loan: OMNITECH SYSTEMS INC.
> **$265K** approved 04/08/2020 · Paid in Full · Loan `8609997005`
## Borrower
- **Name:** OMNITECH SYSTEMS INC.
- **Address:** 450 CAMPBELL ST, VALPARAISO, IN, 46385-6227
- **NAICS:** 339112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $265K
- **Initial approval:** $265K
- **Forgiven:** $266K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $265K
- **Jobs reported:** 21
## Lender
- **Originating:** Centier Bank
- **Servicing:** Centier Bank (IN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*