# PPP loan: MTC CORPORATION
> **$469K** approved 01/30/2021 · Charged Off · Loan `9059048302`
## Borrower
- **Name:** MTC CORPORATION
- **Address:** 2030 Powers Ferry Rd SE Ste 370, Atlanta, GA, 30339-5016
- **NAICS:** 531390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $469K
- **Initial approval:** $469K
- **Forgiven:** $452K (96%)
- **Forgiveness date:** 04/14/2022
- **Status:** Charged Off
- **Term:** 34 months
## Use of funds
- **Payroll:** $469K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Citizens Bank
- **Servicing:** Citizens Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*