# PPP loan: TIMMERMANN INSURANCE SERVICE INC
> **$154K** approved 05/08/2020 · Paid in Full · Loan `3988607403`
## Borrower
- **Name:** TIMMERMANN INSURANCE SERVICE INC
- **Address:** 4775 COMMERCIAL PLAZA ST, WINSTON SALEM, NC, 27104-4610
- **NAICS:** 524210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Forgiven:** $155K (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $154K
- **Jobs reported:** 14
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*