# PPP loan: T. C. SQUARED, INC.
> **$201K** approved 04/15/2020 · Paid in Full · Loan `1742337210`
## Borrower
- **Name:** T. C. SQUARED, INC.
- **Address:** 1001 West Main Street, SALEM, VA, 24153
- **NAICS:** 811191
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $201K
- **Initial approval:** $201K
- **Forgiven:** $203K (101%)
- **Forgiveness date:** 04/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $151K
- **Rent:** $40K
- **Utilities:** $10K
- **Jobs reported:** 37
## Lender
- **Originating:** Bank of Botetourt
- **Servicing:** Bank of Botetourt (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*