# PPP loan: NTI, LTD
> **$372K** approved 04/04/2020 · Paid in Full · Loan `4675537007`
## Borrower
- **Name:** NTI, LTD
- **Address:** 2000 7th Avenue N, CLEAR LAKE, IA, 50428-2102
- **NAICS:** 423990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $372K
- **Initial approval:** $372K
- **Forgiven:** $374K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $307K
- **Health care:** $65K
- **Jobs reported:** 24
## Lender
- **Originating:** Clear Lake Bank & Trust Company
- **Servicing:** Clear Lake Bank & Trust Company (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*