# PPP loan: TECHNICAL INTERNATIONAL, INC.
> **$571K** approved 04/05/2020 · Paid in Full · Loan `5593667001`
## Borrower
- **Name:** TECHNICAL INTERNATIONAL, INC.
- **Address:** 30533 SGT E I BOOTS THOMAS DR, DAPHNE, AL, 36527-7628
- **NAICS:** 425110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $571K
- **Initial approval:** $571K
- **Forgiven:** $575K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $482K
- **Rent:** $52K
- **Mortgage interest:** $5K
- **Utilities:** $3K
- **Debt interest:** $29K
- **Jobs reported:** 50
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*