# PPP loan: TERATECH CORPORATION
> **$799K** approved 04/15/2020 · Paid in Full · Loan `9443287106`
## Borrower
- **Name:** TERATECH CORPORATION
- **Address:** 77-79 Terrace Hall Avenue, Burlington, MA, 01803
- **NAICS:** 334510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $799K
- **Initial approval:** $799K
- **Forgiven:** $807K (101%)
- **Forgiveness date:** 03/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $799K
- **Jobs reported:** 40
## 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*