# PPP loan: TITAN INDUSTRIES, INC.
> **$523K** approved 04/05/2020 · Paid in Full · Loan `5103297006`
## Borrower
- **Name:** TITAN INDUSTRIES, INC.
- **Address:** 735 INDUSTRIAL LOOP RD, NEW LONDON, WI, 54961-2600
- **NAICS:** 333999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $523K
- **Initial approval:** $523K
- **Forgiven:** $527K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $418K
- **Mortgage interest:** $52K
- **Utilities:** $52K
- **Jobs reported:** 38
## Lender
- **Originating:** Nicolet National Bank
- **Servicing:** Nicolet National Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*