# PPP loan: GEOTECH SERVICES, INC.
> **$468K** approved 04/09/2020 · Paid in Full · Loan `9060037006`
## Borrower
- **Name:** GEOTECH SERVICES, INC.
- **Address:** 350 GOLDEN OAK PKWY, BEDFORD, OH, 44146-6525
- **NAICS:** 237990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $468K
- **Initial approval:** $468K
- **Forgiven:** $471K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $398K
- **Rent:** $55K
- **Utilities:** $15K
- **Jobs reported:** 36
## Lender
- **Originating:** Independence Bank
- **Servicing:** Independence Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*