# PPP loan: ORTEQ ENERGY TECHNOLOGIES LLC
> **$1.25M** approved 01/29/2021 · Paid in Full · Loan `8020958302`
## Borrower
- **Name:** ORTEQ ENERGY TECHNOLOGIES LLC
- **Address:** 3401 W Highway 82, Gainesville, TX, 76240-2001
- **NAICS:** 424720
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.25M
- **Initial approval:** $1.25M
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.25M
- **Utilities:** $1
- **Jobs reported:** 90
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*