# PPP loan: MTI CALIFORNIA INC
> **$272K** approved 01/27/2021 · Paid in Full · Loan `6479808308`
## Borrower
- **Name:** MTI CALIFORNIA INC
- **Address:** 2890 N Main St Ste 300, Walnut Creek, CA, 94597-2738
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $272K
- **Initial approval:** $291K
- **Forgiven:** $273K (100%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $272K
- **Utilities:** $1
- **Jobs reported:** 9
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*