# PPP loan: MTI CORPORATION
> **$445K** approved 06/08/2020 · Paid in Full · Loan `9510097806`
## Borrower
- **Name:** MTI CORPORATION
- **Address:** 860 S 19TH ST, RICHMOND, CA, 94804-3809
- **NAICS:** 423490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $445K
- **Initial approval:** $445K
- **Forgiven:** $447K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $445K
- **Jobs reported:** 46
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*