# PPP loan: MTI ENTERPRISES INC.
> **$1.15M** approved 04/12/2020 · Paid in Full · Loan `3884477102`
## Borrower
- **Name:** MTI ENTERPRISES INC.
- **Address:** 423 W 55th St Fl 2, NEW YORK, NY, 10019-4402
- **NAICS:** 711320
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.15M
- **Initial approval:** $777K
- **Forgiven:** $1.17M (101%)
- **Forgiveness date:** 05/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.15M
- **Jobs reported:** 79
## Lender
- **Originating:** BankUnited, National Association
- **Servicing:** BankUnited, National Association (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*