# PPP loan: TEAM MANUFACTURING SERVICES, LLC
> **$160K** approved 04/13/2020 · Paid in Full · Loan `5053677101`
## Borrower
- **Name:** TEAM MANUFACTURING SERVICES, LLC
- **Address:** 3700 E. Milham STE A, PORTAGE, MI, 49002-9777
- **NAICS:** 336390
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $140K (88%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $128K
- **Mortgage interest:** $24K
- **Utilities:** $8K
- **Jobs reported:** 19
## Lender
- **Originating:** County National Bank
- **Servicing:** County National Bank (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*