# PPP loan: DELTEC ACQUISITION, LLC
> **$202K** approved 04/15/2020 · Paid in Full · Loan `9287097105`
## Borrower
- **Name:** DELTEC ACQUISITION, LLC
- **Address:** 201 W ONTARIO DR, MUNCIE, IN, 47303-6401
- **NAICS:** 541690
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $202K
- **Initial approval:** $202K
- **Forgiven:** $204K (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $168K
- **Rent:** $8K
- **Utilities:** $2K
- **Health care:** $25K
- **Jobs reported:** 11
## Lender
- **Originating:** Northwest Bank
- **Servicing:** Northwest Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*