# PPP loan: APPLIED RF TECHNOLOGIES, CORP
> **$160K** approved 04/12/2020 · Paid in Full · Loan `3934127101`
## Borrower
- **Name:** APPLIED RF TECHNOLOGIES, CORP
- **Address:** 2325 Highway 411 N, Etowah, TN, 37331-5439
- **NAICS:** 326111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $145K
- **Rent:** $6K
- **Utilities:** $6K
- **Health care:** $3K
- **Debt interest:** $848
- **Jobs reported:** 25
## Lender
- **Originating:** CapStar Bank, A Division of Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*