# PPP loan: TFP1 INC
> **$1.31M** approved 04/27/2020 · Paid in Full · Loan `5054207200`
## Borrower
- **Name:** TFP1 INC
- **Address:** 5322 Ave. N, Brooklyn, NY, 11234
- **NAICS:** 922160
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.31M
- **Initial approval:** $1.31M
- **Forgiven:** $1.33M (101%)
- **Forgiveness date:** 09/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.31M
- **Jobs reported:** 101
## Lender
- **Originating:** Hanover Community Bank
- **Servicing:** Hanover Community Bank (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*