# PPP loan: CTL MEDICAL CORPORATION
> **$919K** approved 04/08/2020 · Paid in Full · Loan `8306657000`
## Borrower
- **Name:** CTL MEDICAL CORPORATION
- **Address:** 4550 Excel Parkway, Suite 300, ADDISON, TX, 75001-5606
- **NAICS:** 424990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $919K
- **Initial approval:** $919K
- **Forgiven:** $926K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $735K
- **Rent:** $92K
- **Utilities:** $92K
- **Jobs reported:** 65
## Lender
- **Originating:** Veritex Community Bank
- **Servicing:** Veritex Community Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*