# PPP loan: TANDEM AXLE, INC.
> **$250K** approved 04/27/2020 · Paid in Full · Loan `4584607205`
## Borrower
- **Name:** TANDEM AXLE, INC.
- **Address:** 2300 Rockbrook Dr, Lewisville, TX, 75067-8181
- **NAICS:** 541613
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $253K (101%)
- **Forgiveness date:** 08/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $250K
- **Jobs reported:** 17
## Lender
- **Originating:** LiftFund, Inc.
- **Servicing:** LiftFund, Inc. (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*