# PPP loan: KBTS TECHNOLOGIES INC
> **$439K** approved 01/25/2021 · Paid in Full · Loan `5488148308`
## Borrower
- **Name:** KBTS TECHNOLOGIES INC
- **Address:** 41461 W 11 Mile Rd, Novi, MI, 48375-1855
- **NAICS:** 541511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $439K
- **Initial approval:** $439K
- **Forgiven:** $441K (100%)
- **Forgiveness date:** 07/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $439K
- **Utilities:** $1
- **Jobs reported:** 24
## 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*