# PPP loan: MTI BUILDERS INC.
> **$198K** approved 03/08/2021 · Paid in Full · Loan `7885538506`
## Borrower
- **Name:** MTI BUILDERS INC.
- **Address:** 142 W Verdugo Ave N/A, Burbank, CA, 91502-2132
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $201K (102%)
- **Forgiveness date:** 10/13/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $198K
- **Jobs reported:** 13
## Lender
- **Originating:** Customers Bank
- **Servicing:** Customers Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*