# PPP loan: COMPUTER TELEPHONY INNOVATIONS, INC
> **$162K** approved 04/13/2020 · Paid in Full · Loan `5621787109`
## Borrower
- **Name:** COMPUTER TELEPHONY INNOVATIONS, INC
- **Address:** 1801 23RD AVE N, FARGO, ND, 58102-1047
- **NAICS:** 517911
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $164K (101%)
- **Forgiveness date:** 02/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Rent:** $12K
- **Utilities:** $600
- **Jobs reported:** 13
## Lender
- **Originating:** Dacotah Bank
- **Servicing:** Dacotah Bank (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*