# PPP loan: TEKNITI LLC
> **$375K** approved 05/01/2020 · Paid in Full · Loan `8502787306`
## Borrower
- **Name:** TEKNITI LLC
- **Address:** 5490 McGinnis Village Place, Alpharetta, GA, 30005
- **NAICS:** 541990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $375K
- **Initial approval:** $375K
- **Forgiven:** $379K (101%)
- **Forgiveness date:** 07/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $281K
- **Rent:** $47K
- **Utilities:** $47K
- **Jobs reported:** 19
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*