# PPP loan: GLOBAL CTI GROUP, INC.
> **$525K** approved 04/27/2020 · Paid in Full · Loan `4563137207`
## Borrower
- **Name:** GLOBAL CTI GROUP, INC.
- **Address:** 5329 Office Center Ct Ste 200, Bakersfield, CA, 93309-7403
- **NAICS:** 541512
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $525K
- **Initial approval:** $525K
- **Forgiven:** $529K (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $525K
- **Jobs reported:** 32
## Lender
- **Originating:** Valley Strong CU
- **Servicing:** Valley Strong CU (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*