# PPP loan: MTI TIRES LLC
> **$397K** approved 04/09/2020 · Paid in Full · Loan `9048117003`
## Borrower
- **Name:** MTI TIRES LLC
- **Address:** 411 East Rock Falls Road, ROCK FALLS, IL, 61071
- **NAICS:** 441320
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $397K
- **Initial approval:** $397K
- **Forgiven:** $402K (101%)
- **Forgiveness date:** 07/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $397K
- **Jobs reported:** 52
## Lender
- **Originating:** Greater Nevada CU
- **Servicing:** Fountainhead SBF LLC (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*