# PPP loan: CTI MARKETING, INC.
> **$180K** approved 04/10/2020 · Paid in Full · Loan `1240357107`
## Borrower
- **Name:** CTI MARKETING, INC.
- **Address:** 19574 US HWY 69, LEON, IA, 50144-0117
- **NAICS:** 339999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $181K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $161K
- **Utilities:** $18K
- **Jobs reported:** 21
## Lender
- **Originating:** American State Bank
- **Servicing:** American State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*