# PPP loan: TIERNEY INDUSTRIAL WAREHOUSE, INC.
> **$221K** approved 04/04/2020 · Paid in Full · Loan `4879827002`
## Borrower
- **Name:** TIERNEY INDUSTRIAL WAREHOUSE, INC.
- **Address:** 1401 W CLIFF DR, LOGANSPORT, IN, 46947-6841
- **NAICS:** 541990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $221K
- **Initial approval:** $221K
- **Forgiven:** $222K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $182K
- **Rent:** $33K
- **Utilities:** $6K
- **Debt interest:** $300
- **Jobs reported:** 22
## Lender
- **Originating:** Security Federal Savings Bank
- **Servicing:** Security Federal Savings Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*