# PPP loan: OTI FIBER LLC
> **$154K** approved 04/07/2020 · Paid in Full · Loan `7655177002`
## Borrower
- **Name:** OTI FIBER LLC
- **Address:** 1360 S Dixie Highway, Ste 200, MIAMI, FL, 33146-2656
- **NAICS:** 517311
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Forgiven:** $156K (101%)
- **Forgiveness date:** 05/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $116K
- **Utilities:** $39K
- **Jobs reported:** 34
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*