# PPP loan: FIBER INNOVATION TECHNOLOGY, INC.
> **$590K** approved 07/31/2020 · Paid in Full · Loan `2137028203`
## Borrower
- **Name:** FIBER INNOVATION TECHNOLOGY, INC.
- **Address:** 398 Innovation Drive, Johnson City, TN, 37604
- **NAICS:** 313310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $590K
- **Initial approval:** $590K
- **Forgiven:** $592K (100%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $590K
- **Jobs reported:** 52
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*