# PPP loan: TONIIC INSTITUTE
> **$263K** approved 05/01/2020 · Paid in Full · Loan `9620747703`
## Borrower
- **Name:** TONIIC INSTITUTE
- **Address:** PO Box 6866, Bend, OR, 97708-6866
- **NAICS:** —
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $263K
- **Initial approval:** $263K
- **Forgiven:** $210K (80%)
- **Forgiveness date:** 03/09/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $263K
- **Jobs reported:** 18
## Lender
- **Originating:** Newtek Small Business Finance, Inc.
- **Servicing:** Newtek Small Business Finance, Inc. (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*