# PPP loan: TLCENGINE, INC.
> **$420K** approved 04/16/2020 · Charged Off · Loan `2570157201`
## Borrower
- **Name:** TLCENGINE, INC.
- **Address:** 135 Mountain Ave #100, PISCATAWAY, NJ, 08854
- **NAICS:** 518210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $420K
- **Initial approval:** $84K
- **Forgiven:** $12K (3%)
- **Forgiveness date:** 04/25/2022
- **Status:** Charged Off
- **Term:** 23 months
## Use of funds
- **Payroll:** $420K
- **Jobs reported:** 7
## Lender
- **Originating:** BayFirst National Bank
- **Servicing:** BayFirst National Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*