# PPP loan: ICTC PRECISION MACHINING, INC
> **$266K** approved 04/13/2020 · Paid in Full · Loan `4415797106`
## Borrower
- **Name:** ICTC PRECISION MACHINING, INC
- **Address:** 16061 Fligth Path Drive, BROOKSVILLE, FL, 34604-6852
- **NAICS:** 333249
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $266K
- **Initial approval:** $266K
- **Forgiven:** $269K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $199K
- **Utilities:** $66K
- **Jobs reported:** 25
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*