# PPP loan: TCR INDUSTRIES, INC.
> **$654K** approved 04/11/2020 · Paid in Full · Loan `2825017110`
## Borrower
- **Name:** TCR INDUSTRIES, INC.
- **Address:** 26 CENTERPOINTE DR Ste 120, LA PALMA, CA, 90623-1028
- **NAICS:** 424690
- **Business type:** Employee Stock Ownership Plan(ESOP)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $654K
- **Initial approval:** $654K
- **Forgiven:** $661K (101%)
- **Forgiveness date:** 05/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $523K
- **Mortgage interest:** $131K
- **Jobs reported:** 30
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*