# PPP loan: NTM INC.
> **$299K** approved 04/29/2020 · Paid in Full · Loan `2623477306`
## Borrower
- **Name:** NTM INC.
- **Address:** 222 Red Hill Road, NEWPORT, PA, 17074-8602
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $299K
- **Initial approval:** $299K
- **Forgiven:** $304K (102%)
- **Forgiveness date:** 11/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $299K
- **Jobs reported:** 32
## Lender
- **Originating:** Orrstown Bank
- **Servicing:** Orrstown Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*