# PPP loan: THINGTECH, INC.
> **$331K** approved 04/15/2020 · Paid in Full · Loan `9248327110`
## Borrower
- **Name:** THINGTECH, INC.
- **Address:** 3340 Peachtree Rd 1505, Atlanta, GA, 30326
- **NAICS:** 541690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $331K
- **Initial approval:** $331K
- **Forgiven:** $304K (92%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $319K
- **Rent:** $11K
- **Utilities:** $1K
- **Jobs reported:** 14
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*