# PPP loan: PTI ASSEMBLY AND MACHINING L.L.C.
> **$756K** approved 03/13/2021 · Paid in Full · Loan `2211268607`
## Borrower
- **Name:** PTI ASSEMBLY AND MACHINING L.L.C.
- **Address:** 6400 E Hildale St, Detroit, MI, 48234-2594
- **NAICS:** 332710
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $756K
- **Initial approval:** $756K
- **Forgiven:** $765K (101%)
- **Forgiveness date:** 06/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $756K
- **Utilities:** $1
- **Jobs reported:** 99
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** First Merchants Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*