# PPP loan: TDS INC
> **$544K** approved 04/04/2020 · Paid in Full · Loan `4745387006`
## Borrower
- **Name:** TDS INC
- **Address:** 1112 S Stephenson Ave, IRON MOUNTAIN, MI, 49801-4038
- **NAICS:** 446110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $544K
- **Initial approval:** $544K
- **Forgiven:** $547K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $440K
- **Rent:** $60K
- **Mortgage interest:** $44K
- **Jobs reported:** 69
## Lender
- **Originating:** First National Bank & Trust Co
- **Servicing:** First National Bank & Trust Co (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*