# PPP loan: NAKATETSU MACHINING TECHNOLOGIES LLC
> **$720K** approved 02/23/2021 · Paid in Full · Loan `3140598510`
## Borrower
- **Name:** NAKATETSU MACHINING TECHNOLOGIES LLC
- **Address:** 234 Precision Blvd, Telford, TN, 37690-2462
- **NAICS:** 336310
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $720K
- **Initial approval:** $720K
- **Forgiven:** $729K (101%)
- **Forgiveness date:** 06/22/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $720K
- **Utilities:** $1
- **Jobs reported:** 70
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*