# PPP loan: T.F.S. INC
> **$372K** approved 04/27/2020 · Paid in Full · Loan `4664717203`
## Borrower
- **Name:** T.F.S. INC
- **Address:** 40 Vreeland Ave., Totowa, NJ, 07512
- **NAICS:** 561612
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $372K
- **Initial approval:** $372K
- **Forgiven:** $375K (101%)
- **Forgiveness date:** 03/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $372K
- **Jobs reported:** 36
## Lender
- **Originating:** Spencer Savings Bank, SLA
- **Servicing:** Spencer Savings Bank, SLA (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*