# PPP loan: FIBERTEC INC
> **$840K** approved 04/15/2020 · Paid in Full · Loan `9228397101`
## Borrower
- **Name:** FIBERTEC INC
- **Address:** 1914 HOLLOWAY DR, HOLT, MI, 48842-9437
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $840K
- **Initial approval:** $840K
- **Forgiven:** $846K (101%)
- **Forgiveness date:** 12/16/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $840K
- **Jobs reported:** 71
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*