# PPP loan: CFTU, INC.
> **$348K** approved 04/05/2020 · Paid in Full · Loan `5347367010`
## Borrower
- **Name:** CFTU, INC.
- **Address:** 5915 4th st sw #170, CEDAR RAPIDS, IA, 52404-4803
- **NAICS:** 531120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $348K
- **Initial approval:** $295K
- **Forgiven:** $350K (101%)
- **Forgiveness date:** 12/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $348K
- **Jobs reported:** 33
## Lender
- **Originating:** Cedar Rapids Bank and Trust Company
- **Servicing:** Cedar Rapids Bank and Trust Company (IA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*