# PPP loan: PROTECHS, INC.
> **$266K** approved 04/09/2020 · Paid in Full · Loan `9123327008`
## Borrower
- **Name:** PROTECHS, INC.
- **Address:** 2777 Sherman Blvd, FORT WAYNE, IN, 46808-2015
- **NAICS:** 561740
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $266K
- **Initial approval:** $266K
- **Forgiven:** $268K (101%)
- **Forgiveness date:** 12/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $235K
- **Rent:** $25K
- **Utilities:** $6K
- **Jobs reported:** 26
## Lender
- **Originating:** STAR Financial Bank
- **Servicing:** STAR Financial Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*