# PPP loan: NAKATETSU MACHINING TECHNOLOGIES, LLC
> **$720K** approved 04/15/2020 · Paid in Full · Loan `9565247103`
## Borrower
- **Name:** NAKATETSU MACHINING TECHNOLOGIES, LLC
- **Address:** 234 Precision Blvd, TELFORD, TN, 37690-2462
- **NAICS:** 336310
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $720K
- **Initial approval:** $720K
- **Forgiven:** $729K (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $629K
- **Utilities:** $91K
- **Jobs reported:** 70
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*