# PPP loan: POOLTEK, INC.
> **$296K** approved 06/22/2020 · Paid in Full · Loan `1616198004`
## Borrower
- **Name:** POOLTEK, INC.
- **Address:** 12186 Nebel St, Rockville, MD, 20852-2612
- **NAICS:** 561790
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $296K
- **Initial approval:** $296K
- **Forgiven:** $299K (101%)
- **Forgiveness date:** 07/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $296K
- **Jobs reported:** 22
## Lender
- **Originating:** WebBank
- **Servicing:** WebBank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*