# PPP loan: AMTAI MEDICAL EQUIPMENT INC
> **$172K** approved 05/18/2021 · Paid in Full · Loan `2686429008`
## Borrower
- **Name:** AMTAI MEDICAL EQUIPMENT INC
- **Address:** 5605 Primavera Ct, Raleigh, NC, 27616-1840
- **NAICS:** 339113
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $172K
- **Initial approval:** $172K
- **Forgiven:** $174K (101%)
- **Forgiveness date:** 05/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $172K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** Mechanics & Farmers Bank
- **Servicing:** Mechanics & Farmers Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*