# PPP loan: LATECH EQUIPMENT INC.
> **$172K** approved 03/10/2021 · Paid in Full · Loan `8934858510`
## Borrower
- **Name:** LATECH EQUIPMENT INC.
- **Address:** 1950 S 900 W Ste S7, Slc, UT, 84104-1761
- **NAICS:** 453998
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $172K
- **Initial approval:** $172K
- **Forgiven:** $173K (100%)
- **Forgiveness date:** 09/13/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $172K
- **Jobs reported:** 12
## Lender
- **Originating:** Washington Federal Bank d/b/a WaFd Bank
- **Servicing:** Washington Federal Bank d/b/a WaFd Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*