# PPP loan: INSTRUMENTAL TECHNOLOGIES, INC.
> **$524K** approved 04/05/2020 · Paid in Full · Loan `5582577003`
## Borrower
- **Name:** INSTRUMENTAL TECHNOLOGIES, INC.
- **Address:** 727 N. Detroit St., WARSAW, IN, 46580-2910
- **NAICS:** 332999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $524K
- **Initial approval:** $433K
- **Forgiven:** $527K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $444K
- **Rent:** $10K
- **Utilities:** $22K
- **Health care:** $40K
- **Debt interest:** $9K
- **Jobs reported:** 45
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*