# PPP loan: TIP TECHNOLOGIES INC.
> **$561K** approved 01/27/2021 · Paid in Full · Loan `6505408300`
## Borrower
- **Name:** TIP TECHNOLOGIES INC.
- **Address:** N14W24200 Tower Pl Ste 100, Waukesha, WI, 53188-1159
- **NAICS:** 511210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $561K
- **Initial approval:** $561K
- **Forgiven:** $567K (101%)
- **Forgiveness date:** 01/19/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $561K
- **Utilities:** $1
- **Jobs reported:** 29
## Lender
- **Originating:** Waukesha State Bank
- **Servicing:** Waukesha State Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*