# PPP loan: THIERICA EQUIPMENT CORPORATION
> **$576K** approved 04/10/2020 · Paid in Full · Loan `2493487103`
## Borrower
- **Name:** THIERICA EQUIPMENT CORPORATION
- **Address:** 900 CLANCY AVE. NE, GRAND RAPIDS, MI, 49503-1507
- **NAICS:** 333249
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $576K
- **Initial approval:** $576K
- **Forgiven:** $581K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $576K
- **Jobs reported:** 35
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*