# PPP loan: TSRC, INC.
> **$5.60M** approved 04/10/2020 · Paid in Full · Loan `1322937108`
## Borrower
- **Name:** TSRC, INC.
- **Address:** 14140 North Washington Highway, ASHLAND, VA, 23005-7237
- **NAICS:** 424120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.60M
- **Initial approval:** $5.60M
- **Forgiven:** $5.67M (101%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.60M
- **Jobs reported:** 374
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*