# PPP loan: T&G CORPORATION INC.
> **$2.39M** approved 04/04/2020 · Paid in Full · Loan `4794567008`
## Borrower
- **Name:** T&G CORPORATION INC.
- **Address:** 4050 E 12 MILE RD, WARREN, MI, 48092-2534
- **NAICS:** 622110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.39M
- **Initial approval:** $2.39M
- **Forgiven:** $2.42M (101%)
- **Forgiveness date:** 07/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.29M
- **Rent:** $85K
- **Utilities:** $20K
- **Jobs reported:** 390
## Lender
- **Originating:** Waterford Bank, National Association
- **Servicing:** Waterford Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*