# PPP loan: SOLARTECH UNIVERSAL LLC
> **$263K** approved 04/09/2020 · Paid in Full · Loan `8978607010`
## Borrower
- **Name:** SOLARTECH UNIVERSAL LLC
- **Address:** 1800 President Barack Obama Highway 0.0, Riviera Beach, FL, 33404-5451
- **NAICS:** 334413
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $263K
- **Initial approval:** $263K
- **Forgiven:** $267K (101%)
- **Forgiveness date:** 08/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $120K
- **Rent:** $70K
- **Utilities:** $21K
- **Health care:** $25K
- **Debt interest:** $27K
- **Jobs reported:** 29
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*