# PPP loan: CORRECTIONAL TECHNOLOGIES, INC
> **$239K** approved 04/15/2020 · Paid in Full · Loan `1696537209`
## Borrower
- **Name:** CORRECTIONAL TECHNOLOGIES, INC
- **Address:** 7530 PLAZA CT, WILLOWBROOK, IL, 60527-5611
- **NAICS:** 423990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $239K
- **Initial approval:** $239K
- **Forgiven:** $241K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $239K
- **Jobs reported:** 9
## Lender
- **Originating:** CIBC Bank USA
- **Servicing:** CIBC Bank USA (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*