# PPP loan: TMI COMPRESSED AIR SYSTEMS INC
> **$453K** approved 02/02/2021 · Paid in Full · Loan `1583228406`
## Borrower
- **Name:** TMI COMPRESSED AIR SYSTEMS INC
- **Address:** 2626 Sanford Ave SW, Grandville, MI, 49418-1069
- **NAICS:** 238290
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $453K
- **Initial approval:** $453K
- **Forgiven:** $456K (101%)
- **Forgiveness date:** 11/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $453K
- **Jobs reported:** 26
## Lender
- **Originating:** The Huntington National Bank
- **Servicing:** The Huntington National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*