# PPP loan: FTL CORPORATION
> **$186K** approved 04/15/2020 · Paid in Full · Loan `1376447207`
## Borrower
- **Name:** FTL CORPORATION
- **Address:** 1580 Woodlane Drive Suite 1, Woodbury, MN, 55125-2283
- **NAICS:** 445310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $186K
- **Initial approval:** $186K
- **Forgiven:** $188K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $149K
- **Rent:** $19K
- **Utilities:** $19K
- **Jobs reported:** 12
## Lender
- **Originating:** CorTrust Bank National Association
- **Servicing:** CorTrust Bank National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*