# PPP loan: REMTEC, INC.
> **$694K** approved 04/08/2020 · Paid in Full · Loan `8806847005`
## Borrower
- **Name:** REMTEC, INC.
- **Address:** 100 Morse Street, Norwood, MA, 02062
- **NAICS:** 327110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $694K
- **Initial approval:** $694K
- **Forgiven:** $699K (101%)
- **Forgiveness date:** 12/04/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $694K
- **Jobs reported:** 55
## Lender
- **Originating:** Parkside Financial Bank & Trust
- **Servicing:** Parkside Financial Bank & Trust (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*