# PPP loan: TMS, INC.
> **$693K** approved 04/05/2020 · Paid in Full · Loan `5275627005`
## Borrower
- **Name:** TMS, INC.
- **Address:** 701 Southwest Blvd, KANSAS CITY, KS, 66103-1922
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $693K
- **Initial approval:** $693K
- **Forgiven:** $700K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $636K
- **Rent:** $47K
- **Utilities:** $10K
- **Jobs reported:** 35
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*