# PPP loan: NGAT, INC.
> **$189K** approved 04/04/2020 · Paid in Full · Loan `4618447008`
## Borrower
- **Name:** NGAT, INC.
- **Address:** 5221 A Grand Ave, DAVENPORT, IA, 52807-1014
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Change of Ownership
## Loan
- **Approval amount:** $189K
- **Initial approval:** $189K
- **Forgiven:** $191K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $189K
- **Jobs reported:** 62
## Lender
- **Originating:** Quad City Bank and Trust Company
- **Servicing:** Quad City Bank and Trust Company (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*