# PPP loan: THIERICA EQUIPMENT CORPORATION
> **$576K** approved 02/06/2021 · Paid in Full · Loan `4581848404`
## 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:** 11/05/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $576K
- **Jobs reported:** 298
## 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*